If you own a property through an LLC, you won't be able to receive any tax benefits for owning a primary residence (mortgage interest rate).

As an added benefit—as you tour deals you are building relationships with the brokers and building that trust that gets them to recommend you as a buyer to their sellers.If touring the properties is too much workload or travel for you, get a partner and make that their role; while your role is sourcing deals, underwriting financials, and making offers.

Having someone pay down my debt, have tax incentives, and also have potential appreciation are all a great benefit of buy and hold properties.

By investing directly into another building, I would receive rents, principal paydown, appreciation, and tax benefits. 

I recently read someplace that it is more beneficial to register my LLC in Nevada although I do business in Texas. Just wanted some opinions on this. 

It seems flippers are the only investors that could benefit from a market like this.

The benefit of QM's is liability protection (from the borrower) and limited requirement to buy back loans.Non-QM's are anything else including seller financing and hedge fund loans.

Switching now from a peak bull market into a self-directed IRA and investing in SFH rentals from there would benefit you more than the HELOC pain.

McKinney is booming and Princeton has certainly benefitted from it.

that might be a benefit to you as well.In this day of real estate commoditization I rarely see an exchange fall apart because of the 45 day period and the inability to find a property - don't be tempted by tax fraud.