I am 33, originally from the Philadelphia area, and have spent the last seven years residing in the D.C. metro area (Arlington, VA, specifically), where I work as a freelance Spanish and Portuguese translator.

Househacking is great for many reasons, but if the goal is cashflow, you need to look in different neighborhoods or alter the strategy. 

If you make the LLC seem like your “alter ego” and not treat and operate like a separate business, you will have pierced your corporate veil.  

Need a contract I can easy alter.

Your tax return/situation is a little more complicated when you aren't doing a single family.From your post, it sounds like you are using the legal entity as your "alter ego" which pierces your corporate veil which loses your asset protection. 

Rich Dad Poor Dad was inspiring, I joined a Cash Flow group in the area and met up with them several times to play, but never translated that into real action.  

During the pendency and term of this contract, Seller shall not change any existing lease, enter into any new lease or make any substantial alterations or repairs without the consent of the Buyer.

Two people in identical situation will choose two different paths.Third, it will still be a roll of dice, because life is always unpredictable, and more so now than ever before.All you can get from someone answering this question with a specific recommendation translates into: "this is what I did, for better or for worse."

Hiccups: Seller's wife became unhappy with our agreed price (Solution: There was a language barrier so we "hired" a translator.

Hiccups: Seller's wife became unhappy with our agreed price (Solution: There was a language barrier so we "hired" a translator.