A room furnished through FF could easily fetch 800. 3 of them is 2400 or up to 3000 when that same house probably only will get low 2000 for rent.I don't think BP has leases for by the room (correct me if I'm wrong) but you can have an attorney draft one for not too much online OR use ChatGPT honestly these days.

I have at this stage handed this over to an actual attorney, but wanted to check here on anyone else's experience with this.

Find a great Realtor, Contractor, Property Manager, and Attorney 

That said, it can be done and done successfully if you plan in advance, build your team (contractors, subs, back ups, lenders, credit with suppliers, escrow/title, real estate attorney, mentor, etc.) get educated on finding (marketing) for deals, rehab costs, locations, market data (like crime rates, school ratings, population growth, job growth, etc), specific market insights like what is most popular and sells for the most in your area, etc

I realize you are a ways away but if you get an attorney involved you are looking at more time and in my experience, most people are never are happy with the out come.

But, when it comes time to put the deal together and pull the trigger: work with a seasoned real estate attorney with experience in structuring seller carry deals and writing thorough docs that cover your interests, especially with the "what ifs?"

If you're still worried about being traced, consult with an attorney about structuring your LLC or using a registered agent for added privacy.Let me know if you need help with financing or have more questions! 

There are lots of experienced property owners, lenders, real estate agents, attorneys, tax experts and more here so don't be shy to ask questions and I'm sure an expert in that field will be able to help.

I had my attorney file the proper paperwork to redeem the overage, which was recently granted.So I don’t know who you are, but thank you, Ben I would have eventually discovered this but not as early as I did.

Not an attorney, nor a CPA, and I don't play one on the internet, BUT, things to consider if you would want to run revenue through your LLC...The LLC would need to be tied to the property in some way, either as the owner or manager.