It frees you up to focus on living your life and acquiring more property.

While I haven’t chosen a specific niche yet, I’m leaning toward purchasing a multi-unit apartment where my 20-year-old son could live and help manage while we rent out the other units—essentially a form of house-hacking.So far, I’ve connected with a few real estate agents and gained MLS access, which has been a great starting point.

The premise of those opportunities are based on you living there for an extended amount of time.

I'm sure they also told you their systems will protect against aggressive attorneys and creditors and make you invisible so nobody will ever dare file a claim against you...it's all a money grab.If you are a sole proprietor I am putting my money on the fact a single member LLC in the state in which you live/own real estate will suffice.

Unfortunately most CPA's have not lived through more realistic income tax bracket environments such as the 50s 60’s 70s and 80s……so what I’m saying here is not something that most investors, business-owners, high net worth families, or REI investors are thinking about.

If you have lived in it for 2 yrs I would suggest renting it for 2 - 3 years and then selling it to avoid capital gains taxes. 

We live in a world where PR matters to EVERY business out there.

Because someone looking to live in the property will pay more because it's usually an emotionally drive decision.

As I grow I will hire a virtual assistant to take a few more tasks off my plate to allow me to live the same lifestyle. 

@Candice Coates I actually co-host since I still live in CA for now