Whether an individual consultant or a mentor through a program, mentors provide the foresight and support you eventually need because of their experience.

Do not deal with any of the individuals mentioned in this thread:https://www.biggerpockets.com/...I outline my experience and many others weighed in. 

Overland Park, KS vs Kansas City, MO) Very landlord friendly, worst case eviction is usually 8 weeks + $500 + lost rent (cannot comment on individual cases and this is not legal advice) Large diverse metro area - variety of jobs, companies, people can have a career in KC.

First thoughts are finding a way for the tenants to use it for a fee, either rent the space monthly or create a space that can be rented on a per-use basis....or possibly rent to another non-tenant individual for office use of some kind. 

https://efraudprevention.net/embed/cody/Equity-stripping_scams.htmlEquity-stripping scamsEquity stripping is a type of fraud in which a scammer targets individuals who own a valuable asset, such as a home, and convinces them to take out a loan using the asset as collateral.

Residences and cars are not purchased in individuals names.  

LLC is a pass thru entity so it should reflect on your individual return

Is this something you've ever done as an individual landlord, or is this something more for larger multi-family properties only? 

We have had much greater success renting a whole unit out that renting our individual rooms, though it has been nice to have some flexibilty to accomodate travelers who are coming as singlets and doublets.

If someone stays at a property for 14 consecutive days or more, they could potentially be considered a tenant under state law, even if their stay is structured as short-term renewals.If the individual is classified as a tenant, landlord-tenant laws would apply, meaning you may need to follow formal eviction procedures to remove them.