I haven't worked with anyone since we prefer co-hosting but know oodles and oodles of hosts that do it.

Been to a couple in Brooklyn.

Then yes, maybe you can a couple hundred a month on your $50k.

Quote from @Michael Baum: Hey @Marc Shin, short answer, yes.A couple will want to wash some clothes if there are there more than a couple of days.

My attorney says he prefers it when there is a business reason for the state of the LLC, and he said either your home state or where the property is located is suitable.A much bigger topic is whether or not having an LLC is a good strategy given your personal situation. 

To be honest, all of them work, it just depends.What I have been learning over the years for me is I prefer 2-4 unit properties.

Inspections may cost more upfront, but they can save you from significant headaches and unexpected expenses down the road.Negotiate Hard: Use inspection findings as leverage.If the HVAC is near the end of its life, negotiate a credit for its replacement.If the cast iron plumbing is deteriorating and needs replacement, ask for a credit as well.Sellers often prefer negotiating credits over doing the work themselves.To give you an example: I was once under contract for an old house priced at $170,000.

We find that our investors prefer to see deal specific details as opposed to a long presentation talking about the company, strategy, etc.   

Mold needs warmth & humidity, and preferably darkness.

However, in the long run, I love the "buy a house a year" strategy (as a primary, for preferred financing) and just keep moving (pending that your spouse is on board with this of course, if you have one).