If you're expecting $100k net in year one it's well worth it to add a tax CPA/EA to your team of external partners.An LLC with an S election might be the most advantageous avenue to pursue.You would have to pay all employee-owners 'reasonable compensation'. 

That is to create passive income, be my own boss, not have my son spend more time at daycare then at home because I have to work, retire early, travel and to overall obtain financial freedom!

Automatically tracks mileage and can classify auto classify between business and personal travel.

I did quite a bit of diligence, traveled to inspect the property, paid for sewer scoping etc and in the end, my revised offer was apparently too low ($10K of a $445K property!)

@Michael Stanley Nino  Investing from a distance is not terribly complicated, however it does require some travel and some hands-on activity.  

I loved going back and thinking about some past successes/failures, then breaking down, what was the product of my good or bad decisions, and what was due to external factors. 

Have a chat with your CPA, but there are some very nice benefits with, say, going to work on your property on Friday and Monday, but then enjoying the weekend at your lake house and being able to deduct travel and some of your meals.Airdna.com is a good resource for estimating vacancy and revenue potential. 

A bit about us: we are living/traveling in our camper full time in search of our next “home” or an area we can work in for a while (flipping and/or buy and holds).

I can already see my local area as a comfrot zone that I dont want to be stuck in, so doing things in a virtual way and traveling wont bother me and I am a hop skip and a jump from a lot of places. 

For a generator to be capable of even just sustaining itself (not providing power to any external elements), it would have to achieve perpetual motion.