To that end, in most cases even if the properties are owned within an entity, the principles (investors) will need to personally guarantee the debt.

More cash flow and equity to the personal financial statement.

I was just curious if anybody here has any personal feedback on investing in that area and can shed some light (other than numbers) on why that place would be worthwhile.I apologize in advance to anybody who lives there and loves it.

If one person stops paying and it's tolerated, It's more likely to spread within the house. 

Personally, I'm currently using Hospitable, which can automate a lot of the communications (even detecting and responding to a lot of questions).

For me personally, I would leave it a loft so the renter could have a playroom for kids, office space, family room, etc.

The right person can easily make over $100k in real estate sales.

Most of them decided on which block/neighborhood based on their personal connections to those areas.You mention you paid off your HML.

They presented a juicy case study to illustrate the benefit of depreciation recapture shifting from cost-segregated personal property to real property.

And had "only" 40% equity stake, partners with the other 60%, but via doing value-add each is at or near infinite rate of return (ie zero or near 0 capital into it personally).