If you maintain the ownership / business personally you may be personally liable for anything that happens at that rental.   

Quote from @Andrew Garcia: I'm working with an agent who won't submit an offer until I go and see a property in person...I'm trying to buy an investment property, not my dream home. is this normal? 

If banks were hesitant, did you personally guarantee the loan and then document a loan to your LLC with a promissory note?

Usually we see indirect impact on rate when writing in an LLC vs. personal name.

That's one of a 5 point, personal "touch" system from booking to departure.That is an interesting idea. 

I agree that I wouldn't want to "clog" my personal DTI and wait 2 months if private lending is comparable in terms.  

If doing in-person, tenants must be given notice before the inspection (24/48 hours, depending on state laws).Who conducts the inspections and/or how are they conducted?

Hopefully this person would do a better job than I do and would also save me the time of going through the exercise each time I am considering a refi or new purchase.Thanks!

Hey Zeni,We’ve seen this setup a lot with house hacks, and the tax treatment depends on how much of the property is personal use vs. rental use.

We use QuickBooks for our VRM/co-hosting business and REI Hub at $25/month for property-level accounting on our personal properties.