Incorporating a washer-dryer hookup in the main house could be advantageous.This addition not only increases the convenience for potential renters but also adds value to the property itself.

I think if you can nail that down you will be able to find a market easier.As a buy and hold investor some of the things that were important to me when deciding on a market were landlord tenant laws, price to rent ratio, housing demand, ability to build a team, large population 500K plus, multi-family availability and some other factors.take the process step by step and you will be fine. 

I don't know a single person who regrets starting out with a quad and house hacking.

Or paying off my debt, while I provide them with a nice house to live in instead of an apartment. 

House was built in 2005 (I lived in this house and rented it out when I moved back to California). 

Then you own the LLC and can transfer the property into it.If you transfer the property into that LLC the way it is then technically you just gave your friend ownership of the house proportional to his ownership of the LLC.I'm not an attorney, so take that with a grain of salt.

The taxes here are high, but the price to rent ratio is exceptional and there is a huge demand for quality housing in certain neighborhoods.   

Win, Lose or Draw he's still in the records from your filing;-)Housing Court Judge, speaks to us at MassRealEstate dot net annually.

I was able to get a private loan which I used to purchase the house then I used my own money to rehab the house.

This means that your permanent residence is excluded (except if you are doing a house hack in which the part that is rented out is eligible for cost segregation).