If they owed $200k they’d still have to personally buy at least $500k.

Hi Kenny-Great question about whether you should put a house you plan to live in and rent out parts to others in an LLC.Certainly putting it in an LLC would help with asset protection and limiting personal liability.However, you may lose the ability to claim the part of the house you live in as homesteaded tax rather than the higher non-homestead investment property tax for the entire property in an LLC.

Asset Protection:While owning properties in your own names may have tax advantages, it does expose you to personal liability.

@Zhen Yuango look in person. 

… heck ya… but I was more scared of being stuck in the same place and losing money on this new rental I just launched, I was a 100% newbie)I personally came into the mentorship program just to learn how to get travel nurses in my rentals (at the time it was my 1st rental property) . 

Personally, I've been in the mobile home investing space since 2007 without going the section 8 route.

I also went to meet Wagner and his team personally at their Orlando office.

A developer would be a good person to talk to as well if you can find one.

@Aaron DuboisI don't know what your personal situation is, but can you house hack an STR with your own capital? 

Renting by room to the max occupancy to minimize the outflow of your personal cash into the property.3.