James has time and time again always posted extremely helpful information on every post, he would be a great person to connect with. 

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

My advice when looking at a house hack is to not get too in the weeds on how the property or building performs compared to other properties in the area, but rather view it from the lens of what it will do your personal finances and the impact it will have on your personal cost of living.  

Response to #1: Some lenders allow for layered entities while others want warm bodies/natural persons to be direct managers.

I invested in 7 syndication funds in 2023 as a limited partner with the expectation that I would generate first year losses from cost segregation that I could use to offset my gains on my personal real estate investments (self storage). 

No there is still one person living there right now. 

Typically that's the roll of a business broker vs real estate agent, although sometimes one person does both.   

You don't want a person living in a place with that in the basement.

Hoping to start flipping homes personally as well! 

My first two properties are still in my personal name and I actually need to switch that up finally, so thank for the reminder.Nonetheless, you can definitely still open up an LLC, I just try to avoid putting the cart before the horse.