Depends on your long term goals, risk tolerance, experience and market. 

Quote from @Clarissa Finks:This all depends on what you need it for really..

@Jonathan GreeneThe short answer is it will depend on a few things like the tools and listing platforms that you're usingMy current workflow involves many tools (including Monday.com, Baselane, and Furnished plus other listing platforms).

Depending on what aspects you would like them to handle vs you then you may be able to negotiate that 20% down lower.Alternatively, look into medium term rentals.

Depending on where it appears in the room , you may have to remove the LVP and do the whole room again after the subfloor is repaired.

You need his rank, time in service (you can even guess really, doesn’t vary a ton), and zip code.

So to sum it up identify the type of investor you would want to work with and depending on who you choose to work with there needs will differ.

Others have said it, but househacking is the best introductory depending on your personal situation, like family.

Quote from @Conrad Tillman: Quote from @Jay Hinrichs: LOL  its kind of like 50 ways to leave your lover.And its very much dependent on your jurisdiction. however I will list the stuff I have gone through the last decade or so through about 200 new builds in 4 markets.1. material price fluctuations. rarely down almost always up pretty much annually. 2. as we all know labor  scarce  and or unqualified and do poor work..

Depending on the lender, you can/should tell them upfront so they can document the LLC in the file so you are sure not to have a due upon sale clause triggered when/if you do transfer into your LLC. #2.