Make sure you understand the difference between capital expenses that get depreciated over multiple years and regular expenses that get deducted immediately.

It would be nice to start a group which meets with regular cadence so that attendees could plan to include it in their schedules.

My local bank refused to open a regular LLC business checking owned by my IRA.

I would suggest you be as genuine and natural as possible.

Then since your out of control your subject to human nature.

@Jonathan CooperThe regular depreciation over 27.5 years will be prorated.

He regularly shows recent deals & breaks them down.

They are provided with contracts to use which are developed and vetted by real estate lawyers within each state and updated regularly to stay current with changing laws. 

For example, I think when people look at rental rates in Spain they consider regular annual rentals and Airbnb-style rentals which are two ends of a spectrum and have their respective drawbacks (changing legislation, etc).

I just have vacant home insurance along with regular home insurance, but no other professional liability insurance.