Start with a small one on the first couple to work out your system kinks.  

Would love to connect.

Check with your CPA, the people setting up your LLC and/or your QI. 

Once the property is owned directly by the partners, each partner can individually decide to engage in a 1031 exchange with their share of the property.

Are you looking to tap into your equity via a HELOC or Refi? 

@Sean DillonAt 18, you're in a prime position to start building wealth with low expenses and plenty of time to scale.

Another thing to add is the regulations, HOAs and Cities are imposing a lot of regulation on short-term rentals or rent by a room, I have seen some HOAs regulate the amount of people authorized to rent the property too.It requires to do a lot of due dilligence to begin with mainly in such big house. 

A little about me: I’m in Memphis, TN, and work with REI Nation.

For almost $100k a lot you want a pretty high NOI to make sense of it, like over $300k IMO I agree.

Can you explain a little bit more as to why you are not impressed with it?