Most people are not rich there, look at the cars. 

:(The system found out that many people were NOT cut out to be property owners.

@Asseille OdelCFRI.netCheck out the calendar of events and start volunteering - it’s the best way to meet people there.

I recently listened to their interview with The Real Estate Guys Radio Show and it's great to have a forum like here where we can hear from people's own experiences.

I've also held of holding properties in individual LLCs that are owned by one S corporation, which allows for a 60 / 40 split between ordinary income (regular tax) and dividends (capital gains tax rate).With the goal of minimizing taxation and liability protection, what would be the recommendation from more experienced people here?

My experience has been that although I outline the requirements for tenancy in my properties, both brokers and PMs still send people who would qualify for most property owners but do not meet my outlined criteria; and then are SHOCKED when I reject them.  

Whether you’re managing other people’s properties as a cohost or you own all your properties, it’s a great choice.Hospitable has a lot of built-in automatic messages that other PMSs don’t offer, and the mobile app has all the same functionality as the desktop version.

I have had people asking me about burning out @Byron Umana, but I just don't.

Realistically, to make the business work, they are hoping all the people who are using the "free services" to eventually go into banking where they can collect fees for anything bank related.

These people don’t have the time to do it themselves.