While I understand the need to protect our services as realtors, rentals are small potatoes. 

Make sure this is the right track before making your life more difficult.An LLC is useful for two things: anonymity and legal protection.

An LLC is used to hold business assets.A house-hack is a partial personal property / business property.You also have to separate business and personal assets within an LLC.So the question is would you be getting the protection that you are looking for by putting an asset that is partially personal within an LLC.You might also be losing your homestead exemption.Best of luck.

Most people use LLC for liability and asset protection, not necessarily tax benefit. 

Stay away from zero contingencies and get an inspection to protect yourself. 

This gives you recourse if the buyer stops making payments as you can have the courts enforce this performance deed and transfer ownership back to you.Just make sure you have a competent REAL ESTATE attorney review the documents prior to signing them to ensure that everything is properly worded to ensure you are protected.  

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

This strategy not only protects your profits but also provides a significant advantage in building wealth through real estate.To recap, seller carry financing and creative deal structuring have been instrumental in my real estate investment journey.

@Nilusha Jayasinghe score system does NOT matter.What matters is understanding the risk of default any score represents.See link below for more info:https://newsroom.transunion.com/transunion-analysis-collecti...A landlord should ALWAYS get the SSN from tenants to protect themselves and hold tenants accountable.

In Oakland, dilapidated structures can get by with a bare minimum of state required maintenance for decades.The very policies that are intended to protect tenant rights, over and over and over again, seem to backfire, helping only tenants who stay put for decades, and in some cases who maintain a residence at thousands of dollars below market in the rent controlled city while also living in another location.