Rental income flows through to your personal tax return unless the LLC is taxed as a corporation.

I have changed my rental strategy to short-term rentals and co-living (rent by room) to allow for more cash flow. 

As far as break even cash flow on the rentals, it's the timeless question of cash flow versus equity.

I think I'm going to install one way air flows in the complaining tenants bathroom vents.

How do you see the cash flow issue evolving in your market? 

My basic assumption is I would be trading a certain level of cash flow for increased appreciation over a period of 10 years.

Short-term rentals are great when cash flow is strong, but with profit margins shrinking, switching to a long-term rental could add some stability.

I also have two buy-and-hold rental properties and am passionate about exploring unique financing opportunities.Recently, I used a VA loan assumption to purchase an investment property at a 3.3% interest rate, which was instantly cash flow positive. 

if you can be hands-on: no PM, a lot of DIY, etc. you can absolutely cash flow. 

Can have a huge impact on cash flow for borrower.