When you price out the Principle interest taxes insurance and any HOA the rents in most states won't cover the payment unless you have BIG down payment or equity. 

We have 3 airbnb’s in the Tampa/St Pete area and property taxes with insurance is reducing our returns.

You'll just be sitting on a ton of equity with no tax benefits. 

What I've seen from watching videos is that the tax court will not believe someone is working 4160 hours. 

Your Net Worth ROI calculation takes into account the appreciation, loan paydown, tax benefits, and the rent avoidance (the difference in what you pay towards your mortgage compared to your rental situation).

That triggered us having to pay transfer taxes, as the state treats an LLC as a disregarded entity, even if it contains the same members.Most of our clients invest using an LLC as their preferred corporate structure.

Property taxes in Madison city properties are also now ridiculous compared to 5 years ago, and greatly affecting cash flow potential (or lack there of). 

this is the most transparent scammer outthere, i am actually very worried about OP if they can't detect this easily, he is selling mortgage, oil, insulin and tax services in one hospital out of ohio somewhere...come on...

- property tax: is it generally around 2.29%?  

It's a strategy allowing you to defer capital gains tax when you sell a property and reinvest the proceeds into another 'like-kind' property.