By splitting out the rental, voila, now you have rental losses which are automatically aggregated with all your other rental activities and are non-passive, even if you don't materially participate on it's own. 

With the single-family, duplex or small multi family I just throw it out the window and not even consider it. 

Plus, Ohio's landlord-friendly laws make it an even more attractive option!

Otherwise, it's way too easy to get ripped off and charged for shoddy work or work never even done.PM us if we can help with any other questions.

This will give you a good start to figure out how you can do with one.You can also check out https://www.awning.com/airbnb-estimator and run some addresses to get an even better idea.

Even if they just have them on as an advisory role, having them on the LLC helps you get a better deal on funding and their experience will help you to get the project completed more quickly. 

But even if I dont care about anonymity, I still need the real estates to be in their own LLC to limit liability outside the property.

But when I add in the cost of paying on the HELOC as well, it gets even farther from penciling.

Even when you're not closing deals

Have a developer working on designs at the moment to see if even possible with city codes.