As @Bryce Cutler mentioned, CRREIA is a great meet up.

Tips for setting up an LLC3.

I haven't read up on house hacking yet, but I don't believe that living in the property for a year before renting it out will be an option for me.   

Form 3115 allows you to restore the fairness in this situation and "catch up" with the remaining $30k of depreciation that you failed to take in the years past.

When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

We bought a single family up here last year and converted a garage to an ADU, which rented out really quickly to a great young couple.

Simply be a calm stand off landlord who is expecting his tenants to honor the lease - Not you accommodate their personal situation.

I have saved up some money but my goal is to save up at least 20k in a year before I start looking for options on house hacking in a duplex.

Why in God's name did they not tell us up front?

It would be great to meet up sometime and I can go over the way we set up our lease options to help people buy the properties which is what I really want.