People use their own.

This is especially important when owning rental properties or managing flips because it minimizes your personal liability.However, many people stop at forming an LLC without considering the potential tax benefits of electing S-Corp status.

Most people make the mistake on putting to much moey down or use "All cash" and then need to pull it out later at a higher rate.

Quote from @Chris Primavera: I am located in Ohio and like many people I have researched and read about, tired of the 9-5 grind and putting money into someone else's pockets.

Generally the only thing people can opt out of is the political contributions.

In the end, I set myself of up a C-Corp > LP > LLC structure after hearing a lot of people were doing simple LLCs and getting double taxed. 

Good for the old tenant and I wonder who thought it was a good idea to do this to people.

I agree with everything @Michael Baum said.Many people, including myself, have used a 10% down second home loan to buy a property used for a STR.

A lot of potential people will see your add and move on if they can't find things easily as a lot of adds falsely represent the property. 

Hello good people,I invested in a tax deed last year (in Fulton County, GA) and it has now crossed the one year redemption period without being redeemed.