The REI world is full of advisors who have their own pet solutions for problems and they tend to develop tunnel vision around them. 

The reason why we are comfortable with this is that we have both established and co-managed a homebuilding non-profit together.

My goal this year is to establish myself as a multifamily property investor with a 2-4 unit property. 

If he earns a 10% annual rate of return (compounded quarterly) in a portfolio created by a robo advisor, Investor A will need 22 years and seven months to become a millionaire.People gripe about negative cash flow but with this plan you probably can't touch it until 59 anyway.

Should I establish an LLC immediately for the rental property or should I wait?

Another criterion that I did not put in my original response was that we had to establish boots-on-the-ground partners in the market.

I'd recommend speaking with your tax advisor to discuss this further as what I said above may be outdated as I know the Inflation Reduction Act changed a lot of the energy credits for both individuals and businesses.

Whether you can take the ITC on the STR portion is something your tax advisor should help you in navigating (its not straightforward)

Establishing a robust financial base is vital, as it echoes your investment aspirations and capacity for risk.

@Dave Foster will be able to help with this...the first question I have is have you actually established what the capital gains amount may be?