Both investments can offer tax benefits, but real estate typically has the edge.

So, your focus may need to pivot from high rental cash flow to little to no cash flow as a rental with an appreciation upside.I would recommend taking your $150K to $200K and securing a solid equity position in something that will cover its expenses and maybe provide a small cash flow, but then is poised to appreciate nicely over the course of the next several years. 

.: I set up LLC's on the secretary of state website for $50 and it takes about 10 minutes. 

Making money and keeping money are not the same thing. 

I was then told that's the rate for the area.

What is the point of partnering with your sisters?

Any MF of the quality and size (50 up) I would have been interested in would have been cash flow negative for the next 5 years or so, even with 30% down.

As soon as I close on it (next week), I'll list it on Zillow as well.I spoke to a lot of unqualified candidates, but I also spoke to some good ones, and I'd like for them to fill out an application.

I don't know exactly for sure, but after I call Airbnb CS and have them search for my listing, I get a booking request in the next day or two. 

To save my fingers from typing the same thing over and over, I wrote a blog on BP with my tips and tricks.