Decide which game you want to play.

If your goal is something longer term or diversification based, maybe treat the down payment like a CD with a big potential bonus that'll pay out when you refi when rates drop, or 1031 exchange into something bigger in 10 years. 

Our experience has been that when this happens (we have had this situation at least 4 times) it always plays out the same way, there is some sort of clerical error and we usually have it resolved in 1 -2 months AND they pay the back rent.

But learn enough to get in the game, then make a play and learn from that as well. 

It cost me about $0.05 per play, which I found quite reasonable.I used https://seeblindspot.com/, a platform for putting ads on billboards, so you can try there.

The difference might be playfulness versus aggression.

I'm particularly passionate about house hacking.Outside of real estate, I enjoy playing pickleball, paddleboarding, and learning about how to become financially independent.Excited to learn and connect with you all!

This could also be called an 'equity play' where you are just buying the property to get into the real estate game and build equity, as it isn't cash flowing in its current situation (be it because of high interest rate, high RE prices, or whatever).  

Bonus Question: Is there a certain amount of asset that you keep in multiple LLC’s or do you have them all under one with an umbrella policy?

First and foremost offsetting w-2 income will only or mostly come from cost seg and bonus depreciation which currently is at 60%.