@David CianciYou don’t reallyneed to set up an LLC to invest in rentals, especially for a house hack.

JPM&C final judgemental was the end of August and the property has another auction set on October 16th, 4 days from now.

From what I’ve heard, a lot of STR owners are doing the same thing to maximize their tax benefits.If you need help working through this or setting up the STR management side of things, feel free to reach out.

I want to increase my personal income to help fund a second rental, but my career limits me mainly to remote jobs and gigs.I’m curious if there are any other investors out there that started with a similar skill set to mine, and what other skills they developed to help increase their W2 income and to help build their real estate knowledge and experience? 

There may also be costs associated with setting up the accounting for the shells, and preparing inital shell formation meeting minutes, etc...You will also need separate bank accounts, and a war chest of money to defend them if/when needed.Ask your asset protection attorney vs salesperson for a quote on the cost to defend, and how much it will cost to move title to the shells.Find out if moving the title creates a taxable event for you with the IRS re.

Set for Life by @Scott Trench is a great start as is @Dave Meyer's new book.

Cash flow is certainly important as well and don't want my post to take away from the importance of being able to cover debt service and expenses with reasonable reserves but assuming you can operate while setting aside reasonable reserves.  

It's set for tomorrow at 245 pm EST.Ya'll posting it here, unedited ? 

To keep your business running efficiently (and to avoid Fair Housing problems) you must follow a set process and use the same process for every resident.I'll share a story about three different women. 

However, because the set up is free, the machines are constantly in use.