You have a lot to lose once you have built a RE empire.  

I love to hear stories like yours on Bigger Pockets, it inspires me a lot to reach my goals.

It also has a lot to do with your uncle's investing experience and comfort level with these types of risks.

After living here during the renovations I realized that I have to walk through the empty lot to bring my trash can to the front for pickup and lawn mower for yard maintenance.

If that home can earn you more money than your fulltime job, that’s the winning lotto ticket.To those in Hawaii, find someone who is doing it!

Now, there's a lot to cover -- so I wanted to put together a "one-stop shop" for all of the information for you to keep for reference!

If you are wanting to manage everything yourself you have a lot to learn and research however if you are not going to be managing it on your own spend that time researching PM companies.

If this is your first property, you probably don't have a whole lot to lose and it's likely going to be more beneficial for you to take advantage of  home buying incentives than to set everything up in an LLC.  

A lot to unpack, but in short you need to know what you are signing up for.

Your reply has given me A LOT to think about.