That really set my business back.My suggestion is to use an agency short term, but try to always have a VA you're managing on your own.

All disclosures are to the seller, escrow, IRS, that kind of thing.In one lawsuit, the judge determined that the lender had constructive notice because I had recorded the warranty deed and was making payments from my business checking account.

If your state is an expensive one it might be cost prohibitive to have an LLC for a small rental business.

I use this property and another one as my business line of credit. 

I am actively expanding my STR consulting business!

Oh I agree with you if that rent will be a business income to live on vs just an unrealized gain.

You're running a business...the tenant does not 'inform' you when they will be paying their rent...they are contractually liable for paying at specific amount on a specific day. 

A lot of family businesses cannot stay in business upon parent death due to no longer getting the prop 13 property tax discount.  

This will allow you to put the loan into the entity or business name of your choosing.

You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.