If you're not careful, the administrative requirements can trip you up—but when done right, the savings can be well worth the effort.For those of us scaling our portfolios or actively managing real estate deals, the conversation about structure isn’t just theoretical—it directly impacts how we protect our wealth and position ourselves for long-term growth.What I’ve found is that many investors don’t realize how critical their personal credit is in setting up these entities successfully and accessing the funding they need to operate and grow.

If you are not starting from a very strong financial position and you do not have the ability to quickly stockpile cash quickly from other means then I definitely agree with that statement from the book.

I'm in a position with some equity and liquidity to start building my investment portfolio.

Investing in your position is a laughable idea.

My last purchase i am up ~$1m working it very part-time over the last 3 years and i have some small (for the equity position, ~3k/month) cash flow.  

It has enabled me to maintain positive relationships with residents, staff, and investors.

Found this opportunity appealing based on positive cashflow/favorable cash-on-cash return.

I also wouldn't be where I am today in terms of my contacts and relationships with vendors, to be in a position to self-manage confidently out of state.All that being said, if another deal with the same amount of hair on it presented itself to me today, I would pass simply because my risk profile has changed.

Quote from @Julian De la Guardia: Hey Tim,House hacking is not just a good idea; it's a fantastic strategy for someone in your position.

I would be careful about doing something in an effort to "make positive cash flow".Section 8 has its pros but there are an equal number of drawbacks.