Start your first house hack by educating yourself, defining your criteria, and getting pre-approved for a loan.

Create 2 LLCs- First create an LLC in an Anonymous LLC State like Wyoming - Then create an LLC in the state I'm buying in, like Ohio- The Wyoming LLC would own the Ohio LLC - When purchasing properties, title deed would show the Ohio LLC name instead of meNegatives:California makes all tax residents register their LLCs with the State, even those formed in different states (and requires you submit the names of the owners) so this would defeat the purpose trying to stay off of public record.  

I use $/unit per year for each, and the actual amount will vary depending on age and condition of the property, the location, and the size of the property and the units.  

We’re trying to figure out options and taxes/penalties/etc.

You need STR insurance, not a homeowners policy.Don't depend on any insurance provided by a listing platform. 

This could also mean making decisions that allow your business to operate independently from restrictive partnerships, heavy reliance on a single client, or dependence on specific market conditions.

My problem is the tax info not being updated and them just depositing into any account or not all for months.

So, my question is if there is any benefit or negative impact on me as a landlord to get rent on time, or during tax filing or renewing the lease?

really depends on who much capital you have.those with small amounts of capital >100k  might invest with a HML who does not put you as a bene on the loan so your unsecured just in the deal. 

It always depends on the property and/or the principals.