James said it best, I need exposure to experience!

It has just been since 2008 that they have really started to gain media exposure because of Airbnb.

All is going well.....Except, the general partnership is providing a lot of personal risk exposure, and now that we are switching strategies to the BRRR strategy, managing the rehabs ourselves, and going after larger projects, it has become clear that we need a business entity behind us.

The very nature of the MLS is the broad exposure it offers, which makes it seem extremely unlikely that there are good deals to be found unless there's just a ton of inventory out there.Yet I have seen some who write that when first starting out, all they knew was the MLS and therefore it was where their first deals came from.

Your exposure isn't any greater.

Sometimes these shows are getting heavily discounted materials and labor because companies or contractors want exposure from the show.

As with a Corporation, it offers liability protection to all owners, making it possible for its owners to fully participate in the management of the business without subjecting themselves to personal exposure to the liabilities of the business.

Whether his plan provider was aware of his intended investment strategy or not, they should have been thorough enough in presenting their IRA LLC program to touch on this topic of UBIT exposure so their client would not be caught unawares.

Or do both, which I call the hybrid approach, be active w/some of you funds and passive w/other funds....you can then decide later like I did where you want to do more of....I'm gradually reducing my exposure to SFR and small MF because I want less headaches and I see more upside w/large MF apartments because of concepts like scale (300 units vs 1 SFR) and forced appreciation, essentially commercial property is valued based on NOI not comps as much (as SFR and duplex/fourplexes)...hence, if I can improve the NOI on a property I can exponentially create more value.  

Do you think being a passive investor gives you some exposure to deal-making learning the day-to-day operations of a 'Landlord' or 'Owner'.Hope the information is sufficient, if not please let me know what else is needed to do some proper underwriting.