Meanwhile tons of concessions being handed out for smaller units to help lease up efforts. 

Out of 2,500+ investors we have as clients, only a small handful invest as an LLC.I could see the point to an entity if a group of family members or friends were pooling their money to invest in a syndication or several syndications, but outside of that scenario I don’t see the point to it.But don’t listen to us, get competent legal and accounting advice from those licensed to give you proper advice after evaluating your legal and financial situation and risk tolerance.

I'm relatively new as well, 2 years so far with 3 total properties and I have 2 offers out now.

Totally understand,Generally that initial purchase-rehab loans will also be driven by your experience in the area.

If the tenants know there is an absentee owner repairs can get out of hand.

Quote from @Ryan Moyer: It's $558 and anyone saying otherwise is wrong :P I agree - it's your total "host payout" plus the "host service fee" added back in. 

To protect yourself, consider covering the electric for now, keeping a record of any payments, and adding them to the total owed when you file for eviction.

fha. 3.8% interest and Currently owe 450kMortgage $3,400.00Currently we are renting home out for $2,400 and taking a lossLiving in an apartment for $1700 making total living cost $2700 with the 1k for covering loss on home Household income 180k-200k Please help me figure out what makes the most sense in this situation.

I strongly believe risk and reward go hand in hand :) Good luck

I've currently got 2 multifamily properties here with 5 total units -- I live in 1 of them.It's been extremely difficult to find multifamily properties that meet the criteria that I'm looking for through the MLS, and when I do, they're extremely overpriced.