Rent out your spare bedroom for $1,000 a month.

If you have a spare $500k-$1M in cash/equity somewhere else, upgrade your umbrella policy you obviously already have as it is waaaaay more important than an LLC. 

Why don't you have a spare Key?

To spare further detail, in summary, with respect to asset control and exit strategy flexibility syndication deals are likely best when the head decision makers number 3 or less. 

If the reason you're not currently house hacking is because you don't have any spare rooms, then consider trading up to a bigger place, or see if you can hack your floorplan to add an extra room. 

That being said I have two 3/1s and one has always had a couple in it who has just liked having a spare bedroom and an office as well as their bedroom and the other has had a single mother and one teenage child for multiple years.

I rented out my spare bedroom in September and got a bunch of inquires.

What may seem like a great investment and team to work with can turn real quick.I have first-hand-experience in that.If you got a couple of spare hours (hahaha) check out my first experience in the turnkey world 3 years ago:https://www.biggerpockets.com/forums/92/topics/392727-morris-invest-case-study-20I'll also ask, do you see real estate investing being a large part of your life in the future?

Get a 4 or 5 bedroom + place if you can and rent out every spare bedroom.I also think when you are new trying to skate by with minimal CF on each deal is a very risky proposition, because its easy to make calculation errors or discount expenses that you didn't properly account for and then end up in a tight situation, with that much equity your primary goal should be to not lose it. 

One idea I've had is to live in one of my spare bedrooms and rent out my master bedroom.