maybe only be extra $40,000 to build open loft... and I would guess I could possibly charge $2000/mo rent, not sure>>***I was kinda crunching numbers...if I'm estimating it correctly it will take me over 4.5 to 6.5 years in excess rent to make up the cost of building the private loft.....does that seem worth the extra loft cost?

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

Which would mean you loose money of the borrower immediately pays off, so not good at all.

Beyond that, any excess cash I have will either go into investments or into savings for a down payment on my next property that I can house hack again.

Even though we have good LL-T statutes in place in Florida, some judges play loose with them.

If the insurance company sends me a two party check can I accept the excess funds without penalty?

Of course they still need to meet the other criteria, but I do think 5x is excessive. 

And to any wondering, no, I don't loose a wink of sleep over using legal tax strategies. yes, I think those who can utilize it have earned it and don't owe a thing to anyone else.

You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.

As a dedicated and hell of an agent, I find this approach is weighing me down with excessive work.Even as an investor, I struggle to understand their strategy which wasn't disclosed until after the fact (signed rep agreement) three weeks in.