Fannie/Freddie (Conventional) loans aren't just about rate and transfer taxes. 

The key is to offer something different to the other homes, and be an attentive host, to get good reviews to boost OTA (Airbnb/vrbo) rankings. 

Adding the ex to the title could trigger gift tax implications, so keeping it simple is best.

If you are taking out a conventional mortgage of any kind, you can't buy in the LLC as it does not have two years of tax returns.You are also asking if an entire state is good to buy multifamily, which means you are too soon in the process to even talk about buying.

., mortgage interest, taxes, repairs, depreciation) on Schedule E starting when the property is placed in service.

Taxes and requirements should be much lower for a LTR

The only taxes I remit directly now are the tiny town tax they implemented of 1%.I just take my net income spreadsheet and calculate the 1% and give them a check.

I am in one of the higher tax brackets and could be saving around 40k~ a year on taxes with this.

Also, check out if there’s any new development or improvements happening nearby, as that can boost property values.

This influx of high-paying jobs (averaging $60 per hour) is expected to draw a significant number of professionals to the area, boosting demand for housing and various services.