Hey TylerI'd say it's important to weigh the risks and rewards when considering a house hack, especially in a market like Denver.

IMO its important to have plenty of reserves, it's not if something goes sideways, it's when it goes sideways.

Red Flag #1 - Positioning: He doesn't mention anything about pricing or what his protege program is until you sign up for it, that in itself is a red flag, but the most important red flag here is the position you are put in when you sign up.

Having the knowledge of what transmutes separate property to community property may be a very important lesson for you, as well as what liability protection can be afforded by retaining assets as separate property, if any.As to the LLC, there are a variety of opinions, but you are correct that generally any LLC "doing business" in California should register with the California Secretary of State and pay the minimum $800 annual fee. 

State average homeowners insurance rates indicate the risk of natural disasters.Information Sources for Data-Driven Decision MakingUtilize these resources to gather the necessary data for your city selection process:Population Size and Growth: Wikipedia's Metropolitan Statistical Area pageAppreciation Rates by Zip Code: Zillow ResearchCrime Rate: Avoid investing in cities on this list.Comparative Homeowners Insurance: ValuePenguinProperty Taxes: LendingTree (as an indicator of overall operating costs)The Importance of Local ExpertiseWhile research and data are essential, remember that general knowledge only goes so far.

2️⃣ Building the Right TeamYou emphasized the importance of quality service providers.

I completely agree with the importance of securing a good W2 job, living below my means, and investing in real estate early on.

Most importantly, choose a market that aligns with your goals!

A standalone hot tub is just not that important here, because it is hot. 

The most important thing on your first deal is to keep the risk low.