I’m looking to become an investor in the KC area and I was curious if I should pull the trigger on a multi family or single family home with the VA loan?

If you take the loan individually, you can later transfer the property to the LLC, but that may trigger due-on-sale clauses or tax implications.3.

The tradeoff on the joint financing is going to be the (refi) costs associated w any transfer of ownership, HOWEVER transferring title to the LLC is unlikely to trigger due on sale (b/c it sounds like most banks simply aren't monitoring and/or enforcing due on sale in these instances) which would make the ownership (sans the actual mortgage note) more easily transferable than exiting your position as an individual owner?

Poking fun (bashing them seems a little harsh wording) of their claim really is not overtly harsh.  

If you do pull the trigger on these things just diversify.

You was a little fast on the trigger to go scorch earth.

It would be a big mistake to pull the trigger on a property in an area like that.

Thank you so much @Greg O'Brien, I just bookmarked this thread, I stayed up until 2am last night trying to find answers to this, confused by different professional opinions and IRS publications.I'm trying to use STRs (rented out 7 days or less with no substantial services provided in which I materially participate) to reduce my W2 liabilities and my biggest concern was if doing this will trigger Self Employment taxes.If I understood correctly, in this situation I can use depreciation losses as active against other active income (which is what I want).

Your management has to be top notch, your marketing has to be top notch, your pricing has to constantly change with the environment, your design has to be incredible and the photos have to trigger that booking response.

I have listened to the BP Podcasts for a some time now, and thought I would pull the trigger on joining the community!