Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

There are several topical solutions that can be applied to the dog to reduce fleas.

Here's my comment on a post "what no one tells you about real estate"  Good luck.https://www.biggerpockets.com/forums/48/topics/1165499-whats...

Bobhttps://www.biggerpockets.com/forums/70/topics/371926-notes-funds-for-individual-investors-what-are-the-best-players

Quote from @Miguel Del Mazo: Thank you for the discussion @Corby Goade .I feel like we are biting off big pieces of a complex topic, and I think it would be helpful to focus on either the interests of the property owner or the MTR operator to simplify things,I think your greater objection to MTR arbitrage lies with why a property owner would want to willlingly enter into the agreement, so I will focus my reply on that. 

Padsplit is a topic of discussion also (STR room rentals), but I think LTR's are a little more consistent with income and a bit less work.

I suggest that you view my podcast on this topic. http://synergeticinvestmentgroup.com/2019/01/02/rod-khleif-student-housing/Please give me any opinion you may have on Student Housing?

Check out too this 12-part series published here on BP on the topic, hope it helps!

@Elliot B.This will be my last post on this topic/subject. 

My attorney says he prefers it when there is a business reason for the state of the LLC, and he said either your home state or where the property is located is suitable.A much bigger topic is whether or not having an LLC is a good strategy given your personal situation.