I have a W2 job in a high tax bracket, but we are planning on owning Airbnb’s that my wife actively manages along with her working as a real estate agent...Our goal was to have her materially involved so that we could write off potential losses against my W2 income.

Fly out there, drive the streets, meet with potential team members, talk with local investors, etc. - Not to mention you'll avoid the headaches of California Tenant friendly laws!

Including, but not limited to, contractors, lenders, wholesalers, potential sellers, potential buyers, attorneys, title company, inspectors (all types!)

Think all the expenses and potential income of the property.

And potentially you can open another LLC that is the Airbnb Business that rents from you as the owner to try and write off a little more and try and get a double tax break but it's twice the work.

You might also meet someone that could be a potential business partner.

Here, you'll be able to sift through potential callers on your own and maybe even try them out for a short time before making a commitment.

Staying sharp with courses or classes not only helps you stay out of trouble but also shows you’re serious about being fair.Ask the Experts: When you're not sure what to do, talking to a lawyer who knows about real estate can really help calm your nerves and make sure you're doing everything right.Use Smart Tools: Think about using a service that checks tenants for you.

Here are some insights and potential options to consider:Policy Limitations: It's not uncommon for mortgage lenders to have policies that only allow transfers to an LLC under specific circumstances, such as if the property is your primary residence.

Any pointers on how should I run numbers to compare two cases.Case 1:  Rent home A, Buy Home B @7.5%, with potential refinance at 3.5-4% ( ifff thats feasible ) after 2 years, once the rates are down. ( i know high hopes , but I dont think 7.5% is the new normal ).Case 2: Sell the home, get equity out, pay the whole equity ( dont know if thats wise ) towards downpayment of home B, reducing loan amount to approx 320k.