Studying the market and the rent schedules for each area is a good idea and will help when locating the first property. 

I have a phenomenal job, with a six figure salary that gives me huge flexibility with my scheduling, but I’m also tied down to always being on call, and always being in a company vehicle and on a company phone.

Most issues I’ve handled remote ( I live 2 hours away by car ) and have only gone onsite twice - once for a complex electric water heater install and again when we did scheduled exterior painting.

Some people mention calculating the percentage based off of rented bedrooms vs personal-use bedrooms (1 personal use vs 2 rented and doesn't take into account square footage size differences), others talk about using the personal use square footage divided by the total home square footage (includes common areas) and others mention that the shared spaces do not count towards a Schedule E.All in all, I just want to make sure I'm calculating that percentage fairly (both to me and the government). 

LET ME KNOW WHEN YOU MIGHT BE FREE TO SCHEDULE SOMETHING

You'll need to carefully manage the booking allocation as rooms are finished, and have solid schedules that are stuck to, to maximize cash flow.

You can try to find better comps in the area to challenge the rent schedule on the appraisal.

Schedule a talk with me if you like and we can work together on improving SEO.

Please feel free to reach out to me and schedule a call.

I guarantee it will be a lot less headache than separating every property into its own LLC with separate books and bank accounts.From a tax perspective it wouldn't matter too much since I assume all of these LLCs would be single member an thus treated as disregarded entities, which means it would flow directly to your Schedule E.