Long story short, one of the interior pipes froze and the whole downstairs ceiling came down with the frozen pipe burst solely due to tenant’s negligence.

The banks are also saying that I can't take out a loan in my name and take title in the LLC's name, even though I am the sole member in my LLC.

It’s solely based on your business credit history as reports to your business credit reports.

A few points:1)  Find a good landlord attorney who can advise you on landlord/tenant, not just crowd sourcing the best answer by investors, lenders, etc. 

In a couple of months, between books, the BP podcast, this site and other sources, I have learned much.

@Josue Godoy This is a loaded question- If you are planning on being very specialized in a single area it would make sense to go one way or another...this is an oversimplification, but the point is to be diverse enough that you can process any type of deal...for example, really focus on an area you like well...like flipping, but learn how to hold properties as well, and whatever else you want to learn...as you grow, you'll be receiving many leads from different sources...and the point of this rationale is that you should have enough tools in your toolbelt to put your deals in a "best use" funnel...then profit on the other side.I'm only adopting this position because you are so young and have so much time in the industry to elect to pursue and specialize in one strategy.The simple answer is related to your goals...assuming you want passive income to replace your W2 means that you will need to buy and hold properties...similarly, if you start flipping properties, you're creating another job for yourself and creating a liability.

I have been living in the home since I purchase it as my sole residence.  

@Gregory A.The following IRS publication is a good source for the ROTH TSP distribution rules. https://www.irs.gov/pub/irs-pdf/p721.pdfHowever, I would first transfer the ROTH TSP to a ROTH IRA since ROTH IRA distributions are not subject to the mandatory 20% withholding at time of the distribution.

Money comes from all kinds of sources, personal wealth, private maney, partnerships, or big money like banks and hedge funds.

James could come in with funds from any other source to replace a mortgage in a 1031 purchase.