. :)You seem to be missing the applicability and similarities in BP and the corporate landlord. 

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

In my layman's point of view, this is co-mingling and alter-ego violations to piercing the corporate veil. 

You will have to refinance into an LLC/Corporation/Trust that your wife owns and she will be the guarantor.

And there are people who probably work 2 hours a day in some corporate job and are paid 40.  

For many folks in your position, the only real advantage to an LLC is if you want the pass through entity with a partnership/S-corp or the anonymity aspect.

I'm assuming you're considering hosting travel nurses or maybe corporate housing that exceeds 30 days and intend to leave it fully furnished & charge nightly rates similar to STR?

You need to build relationships with corporations.

I also have experience with retail, both my wife and I started and used to run a clothing shop while we both were busy (me with my company and she with a corporate job), for around 5 years before we decided to sell it.

Then reinvest all the profits for myself and the money lender until we reach a future goal ($600K).The question is, if the money stays within the LLC then I assume that I am paying roughly 20% corporate tax on all profits from each project.