You likely do not want to deal with tenant questions in the middle of the night on how to get the WIFI or cable TV to work. 

We typically use land trusts in conjunction with the Series LLC. 

Despite entering into a contract to buy properties, he made up a series of ridiculous excuses, changed his financing source at the last minute without disclosure, refused to communicate at all simply ghosting the transaction. 

There is a TON of great information available on BP, such as the 4 part video series, "The Financial Independence Blueprint".

Despite entering into a contract to buy properties, he made up a series of ridiculous excuses, changed his financing source at the last minute without disclosure, refused to communicate at all simply ghosting the transaction.

I get the tax code is a series of incentives or penalties depending on how one structures their financial house.Now if I own a business and invest in real estate, how can I effectively pay zero in taxes?

Have them or provide TV's in each room that have headphone adapters, so as to not bother other renters.

The PV company advocates for wiring all the PV panels in series and then letting any excess electricity from the panels balance equally through all three meters - that's technically the most cost effective for the whole property, but would mean I need to install a bunch of extra hardware to measure actual electricity usage. 

Hey @Wilson Lee,When you start dealing with both buy-and-holds as well as flips, I tend to work with the Series LLC.

The LLC, when properly formed, will compartmentalize the risk between Sibling #1 and you.Option 2: Series LLC (preferred) This situation would depend on your own portfolio, but you can also form a Series LLC.