When you start raising money, the kinds of investors you're going to get are individuals who want to make a better return than the stock market. 

I look forward to connecting with like minded individuals and expanding my network within the real estate community!

However, I've learned a lot from that experience and am willing start over again- Make sure you stay on the top of them and fully account for the draws being taken as if they (Builder) have multiple projects I've seen where one individual's draw gets comingled with another property.

*Any red flags unique to the Pittsburgh market.I’m also hoping to connect with fellow investors, agents, or property managers who are familiar with the local market.

These small, individual actions lead to big impact.

Rental income will still be taxed as Oregon source income, and you will also report it on your California individual tax return as part of your worldwide income.

The risk of "piercing the veil" applies more to LLCs when personal and business finances are not properly separated, not necessarily to individual landlords renting a portion of their home.A more practical approach is ensuring you have a solid lease agreement, sufficient liability insurance (including an umbrella policy), and properly reporting rental income and deductions on your tax return (Schedule E).

I am a single individual, no dependents, only live and work in PA.

Ideally you can provide something extra or unique that you can highlight in your photos and description to stand out. 

I was thinking Form 8832 is the one, but I am confused when I get to question #3 since this entity is technically owned by more than one individual.