So many investors don’t know the the benefits of that.Asset protection is the main reason for having LLCs as mentioned by @Saberian Younger  The answer to your question will become obvious when you do your taxes.

Please help.... if you can cite case law, publications from the IRS, or anything that will give reference and cited guidance in this matter, I am sure all landlords out there would be appreciative and rendered better tax filers and tax payers as a result.

With smart planning, you can mix the two and still protect the "primarily business" purpose of the trip, as the book explains.Advance emails/texts do not make a trip deductible if it was not deductible otherwise.

I am starting to think about the proper legal framework on my rentals to protect my personal assets/credit (such as an LLC, S-corp, etc.).

Then I would encourage you to find a part-time investor in your area who does flips and see if you could take him or her out to lunch and see how they got started, see how they manage the project while working a job, and if the conversation goes really well, see if you could fund their next deal in exchange for them teaching you their process (make sure that property promissory notes are in place to protect your position though).

Good credit and relationships with investor friendly lenders will serve you well also.If I let you behind our office doors to see our model you would see a very diverse business strategy, we don't rely on just one area of the market, hopefully protecting us if there is a major correction in a specific area. 

AND THEN COMPARE THAT TO A TRADITIONAL REALTOR SALE.I confronted them on a public post of Opendoor on Facebook, you can see for yourself how it went below(after my question about them charging 19% they stopped responding): HERE IS THE ORIGINAL POST

Nathan, Those all are amazing ideas on how to get access to deals before they hit the public, definitely going to find a well seasoned realtor who is investor friendly and start being active in finding deals.David, Thank you for reminding me that investing is gonna take some patience and that I need to make the deal work for me.

Estimates are that one-third of storage space is filled with items that have been there for over three years.I think LTV should be a part of your downside protection but I think the type of asset class also has a lot to do with it!

Each month, in fact, about 30% of the folks who contact us have in mind something that is not well suited to such a plan, and we are very up front in letting them know that - and either walk away or help them adjust their goals to something that will work.There are, however, many ways that an investor can use a self-directed plan to invest in what they know and build their tax-sheltered savings in a more safe and consistent manner than would be possible with a portfolio entirely based on the public exchanges.