Bottom line is this: 1) Find a competent attorney that will give you the holding company structure of your choice (talk to your CPA, not your attorney about what is best for you) documents in a word format.

Today We’re Talkin:- The Weekly 3 - News and Data to Keep you Informed- Rate Cut Downgrade- The REAL Shrinkflation- In Case you Missed it: The President’s New Housing Proposals are Problematic- The Bottom LineThe Weekly 3: News and Data to Keep You Informed- Inflation is remaining Stubborn.

PVC, Rubber, Built Up, Tar/Bitumen, Metal, etc...Generally, you'd be looking at somewhere between $4-7/sf in much of the country (and I'd think western Washington should be in that group). 

Bottom line is you need to keep looking and you will find a better deal and then you'll be so glad you didn't take this one. 

Yes indeed mate.I probably would have fixed the rate also but "underwritten" the deal from a worst case rate scenario like I would do with SFH if financing.I'm not versed in large multifamily deals and would love to learn more.I think I could really do some "damage" in the field because I own and run a property management company and we run a tight ship that's very well optimized from an automation aspect and affiliate fee structure standpoint.So my bottom line for example buying a 50 or 100 unit would be much safer/higher due to in-house PM and "working" the margin.

It's the bottom unit of a 2-story. 

It also depends on if your itemized tax is higher than standard deduction for you to write off your real estate taxes...Bottom line, talk to your CPA on this since this seems more like a tax question than an asset protection question.

Today We’re Talkin:- The Weekly 3 - News and Data to Keep you Informed- New Inflation Numbers, UP- The President’s New Housing Proposals are Problematic- The Bottom LineThe Weekly 3: News and Data to Keep You Informed- December Jobs report was revised 35% lower: 229,000 jobs added NOT 353,000.

This strategy is great, but it fluctuates depending on the time of year, you probably won't live for free because it is more challenging since you are only Airbnbing a small space or basement unit.4) MTR - this is a good in between style of creative strategies since you can furnish a place nicely that would rent out on Airbnb but you want a long-term high quality tenant like a travel nurse or corporate rental that stay for 2-3 months vs. under 30 days for most Airbnbs.Combining strategies is the best way to go, ideally, you would find a property with a separate entrance or walkout basement, live upstairs in the one of the bedrooms, rent out the other upstairs rooms and STR/MTR/LTR the bottom unit.

Bottom line, know that it's ok to not know.