This structure incentivizes the GP while offering LPs a fair share.Don't forget the preferred return aspect, which is typically around 6-8%.

This can be less adversarial and often less costly than going to court.Given the complexities involved, especially with real estate investments and an LLC, it's advisable to work with professionals who can guide you through the financial, legal, and tax aspects of the division.

I worked for companies that had full time people that did aspects of this.  

I am confident in that market.I am okay with the challenge of it being harder to manage a few different units at the same time - and I would be on-site at least for a year.Investigating the market is simply a time and money aspect.

Document every aspect of your project to analyze what worked and what didn’t.Networking with other flippers and industry pros can also provide valuable insights.

It's been a recent trend in "renting is cheaper than buying" which speaks to the "time" aspect of the above, because given the meteoric rise in prices, and many of the operational expenses lagging in there impact, and than landlord's lagging in the pass-through, there has been much truth to that statement.     

I know of only a few people that own rentals as a secondary aspect of their primary business.

Theoretically, if I did enough work so that it fit my needs and lived in it as my primary, would I be violating any laws or aspects of an owner-occupied loan?

Can I create an LLC just for running the Biz/managing aspect, but not transfer my property into the LLC?

The one aspect, that I love because I manage so many properties across three markets, Tenant Turner takes all my rental calls, qualifies them, then they set the appt as long as they pass my questionsSaves me tons of time and money