Do the laws vary from state to state, and if so, is anyone familiar with the laws concerning this in West Virginia? 

For most people, owning their own home and house hacking is typically the best way to get started building some equity, enjoying tax benefits, understanding real estate, and reducing their monthly housing expenses, but it really does vary by person and what they are trying to do.

Setup costs vary: Tier 1 (online services like LegalZoom) costs $50–$300 plus state fees (~$99 in Ohio), Tier 2 (with an attorney) costs $500–$1,500 for tailored structuring, and Tier 3 (with a specialized attorney and CPA) starts at $2,500 for complex setups.LLC will not save any taxes and would still be reported in your personal taxes if LLC is SMLLC.

If I see a guest drop the A/C down to 60 degrees, I do bring it back up.

I look at every property on its own merits.I know others will disagree and that’s great, the more varied the perspectives the better.

It varies deal to deal, on one property maybe up to 65% LTV, but if you have more collateral the more likely they can make something work.For example, I've done numerous deals where we place a 2nd on 4-5 properties and the lender feels comfortable lending x amount of dollarsThese are very non traditional loans and no two will ever be the same.

We have the licensing, training, and degrees to do what we do.

It varies greatly on if your wire is underground or above.

The rules for each are different, and the allowable assets under Medicaid can vary by state.

Vacancy is often around 5%, particularly in high-demand markets, though this can vary by location.