You'll be dealing with swings in both directions that are much higher than $70 over your entire investment career.

However after talking to a lender (multiple lenders), they informed me that because my income is all cash and a new career, I need to show one more year of taxes before getting a loan.

My rentals are all in a small town and the bank is close for everyone, I understand that this may not be a suitable solution for landlords with multiple properties in different locations.

Recently purchased a property with (2) garage apartments. 1 currently has a resident and the remaining apartment is being slightly renovated to make it suitable for rentals.Being that I personally mortgaged the property, should/how can I set up the rental portion under an LLC? 

Live with it, then convert it, then move on to something more suitable for your family. 

The Phoenix Metro Area has about 300,000 snowbirds every year with a MAJOR fiscal impact:https://www.bizjournals.com/phoenix/news/2017/07/17/this-country-s-tourists-contribute-2-4-billion-to.htmlSo the county's leadership would have to be absolutely in career suicide mode to push for something like this.

I have not gotten to this point in my career though so definitely seek advice with older more seasoned investors.

Maybe I will amend that to just say a change in career. 

It's all about you and how you see yourself as a business owner, investor and what are you willing to deal with in your career.

Hi, BPI’m trying to start a career in real estate investing and I would appreciate if anyone who lives in Vancouver, or around the areas can help me out.