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?

I’m here to gain insight into the investment side of things, and connect with people already familiar.

If 4 people live in that house.

I have a couple of people that this has happened to, and you need to have it in writing and tied to the property to make it work. 

Just would like to start building relationships with people In the Phoenix area as well. 

My mission is to have people use creative financing  safely, ethically, and legally.

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

I don't play around with other people's money.As for sticking to Gilbert or checking out other cities around Phoenix, I'm doing my best to look at every city. 

This simple act of understanding can make or break the deal.Patience Pays: Results-driven but people-focused.

Think about it, why do people do Airbnb........make more money, however they have higher vacancy rates, and more management required.