Nearly all of my incoming vacation rental investors in Colorado have dual goals -- to have an investment property in Colorado and also to use it for personal use.

@Raeshelle Cooke I think you can take out a business loan since it does not post in your personal credit.

Hi BiggerPockets, I'm an EE or ECE (Electrical Engineer or Electrical Computer Engineer) with a background in computers and electronics, as well as some software such as C++, Python, MATLAB.I've dabbled with software such AutoCAD for drafting in 2D, not in 3D yet, though.Subscribed to IEEE Magazine, Electrical Contractor Magazine, for both electronics and contracting know how.How to best get my career in real estate started to make passive income?

Going forward with the business, aim to never use your personal credit, but aim to use business credit. 

This may be an overly ambitious strategy considering that I am inexperienced in both DIY and sales contracts, but in theory it seems like a very efficient option.

I haven't personally house hacked a room, but I do know some people who have.

How should I set up my business structure so that income from my rentals doesn’t increase my personal income reported to the IRS?

The issue of 1 person in FL, another in TX, that's just this modern world of remote location for workers because reality is they don't need to all be physically sitting in a cubicle in CA to do there work. 

Personally, I would pass.  

Mentors for me have come in the form of friendships over time, but honestly, most of them were made at an IN-PERSON MEETUP....there is something about physical energy that makes a huge difference.Happy to connect to share some of my experiences!