Annually, the Management LLC would "distribute" to the Property LLCs, but it would all flow thru to your 1040 Schedule E - unless you get partners, which would require a 1065 return with K-1 distributions to the partners.

As far as tips, I'd recommend looking into the high-volume markets within any county of interest.

We do positive actions like insulate, install new windows, and install high efficiency heaters and appliances.

In the cities that I would like to live in, the prices are pretty high and most house hacks would be difficult to come close to cash flowing even with all units tenant occupied if I use my 0% down VA Loan.

A 401k loan is not cheap capital, even though it is frequently and highly recommended quite loosely here on BP.

Unless you are seeking a jumbo loan or high balance.

@Ashley UndercufflerWe use go high level

Sometimes the workers are smarter than the ones distributing the work. :)

As far as the neighborhoods and areas, yes the schools have a lot to do with that,A - gated community or a high end downtown area B - your standard neighborhood with a park.

@Seo Hui Han, in a high interest/low cap rate environment debt kills commercial deals.