Saw an ad on Craig's List, I negotiated the deal personally on the first meeting.

It's about path's custom tailored to the persons. 

Buy a few things on credit that you would just usually pay cash for.I personally would not rush into a Heloc or such.

Intangible assets like goodwill or tangible personal property (e.g., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.

Hi Bruce, i'll start by saying i'm a mortgage person, so please understand the context in which my response is coming from. you'd need to create CC&Rs/bylaws and establish an HOA in order to do this.

I have a friend that owns over 60 rentals in his personal name and he's never been sued.

It's led to incredibly high occupancy rate in the off-season, but I'd rather have a slightly lower occupancy rate in order to reduce wear and tear and leave some weekends open for personal use.I'm at a loss on what to do about this.

As a person who has lived in NC & SC and Phoenix, I would highly suggest AZ.

I have purchased 3 STRs personally in the last 18 months and have closed on at least 25 for clients in the past 12 months.  

Most DSCR lenders actually prefer you to own the property in an LLC, although some do allow you to close in a personal name.