Hi,Can STR purchased under LLC ownership offset active W2 income of the members of the said LLC?

An alternative I’ve heard advertised on the rental income podcast is the guarantors…https://www.theguarantors.com/I only suggest them as I’ve heard them advertise where landlords are and haven’t heard of Rhino. 

I figured out early on how to eliminate the buyers and sellers who would take up time and not lead to income.

Allentown is still low income and developing slowly but nearby Bethlehem is doing well in recovery from the downturn.

This is an important status for people to go for since it allows you to write off losses from rental activities on your other active income. 

Find a way to pick up some extra income to get your emergency fund back to that $30k. 

Is it possible to increase your income with your current full time job to get the down payment yourself quicker? 

If one had enough income to cover all their debt payments outside of rental income then reserves would not be as necessary as someone who relies on rental income to live on.

I would really enjoy learning from others investing in this region and hearing your experiences with Prop Mgrs, Contractors and Rental income. 

If you are looking to invest so it can help offset some of your mortgage or other housing costs you can always buy a nice home and add an ADU to help generate income.