Some people house hack a single family house and rent out additional rooms to friends.  

My plan is to use the LLC to acquire properties and to be the employer for the property manager when I actually acquire some walls and a roof besides my own personal home.

This is the IRS "intro":https://www.irs.gov/businesses/small-businesses-self-employe...and this is their 256-page guide to train their auditors:https://www.irs.gov/pub/irs-pdf/p5712.pdfSo yes, you will come across different opinions from different tax professionals.

Here's an additional section you can add to this:Utilize Flexible Financing Options: Rising costs can strain cash flow, so securing flexible financing is key.

In addition, it is pretty much impossible to purchase a 2-4 unit where you have to do nothing and get an immediate COC return.

It will have the requisite liability coverage in addition to coverage of the property itself.Regarding animals, do you mean horses and goats or bears and coyotes?

Profitability varies based on location, seasonality, additional costs, occupancy rates, and reality checks.

Im still doing a market research and gulfport, MS pop up. any additional information about this place regarding landlording, property management and ideal location would help. thanks

Hi Nina.I would also add, in addition to what you mentioned, a few others.Property Management knowledge is one which is different than knowledge of the local market. 

Additionally, many hosts who weren't fully prepared are now becoming absentee owners, especially as the strategy isn’t as easy or profitable as it once was.