Structuring this would like any other real estate venture you can use LLPs, LLCs, trusts, combinations of all of the above.  

A combination of 5000 unrelated things trying to sh*t on me today was definitely a reason for the outlandish post.

Often overlooked are the benefits of a w2 job and how the combination of w2, self employment income, and investment income can work wonders on wealth accumulation and financial freedom. 

With a 3rd party they manage so many things, my easy to deal with issues could get blown up.However, hiring my own people, I can train them myself as close to my image as possible. think about it like the wolf of wall street. he trains his salespeople to act like him and in essence they all do as well as he does. doing the math on it...if I can get 150 tenants making 250 profit off each/monthHave a full time handyman and office assistant at a combined 90k/year, I'd rather go the employee route

If so, do you record the HELOC interest in "other expenses" on schedule E or combine them on "mortgage interest" section?

I also have a W2 job so our combined W2 income and my passive income also make the AMT a factor.

I find a combination of it being much easier to buy (30 settlements vs 1 settlement), manage (30 different addresses vs 1 building, 30 insurance policies vs 1 policy, 30 spring roof inspections vs 1 roof...), and yes, economies of scale ($850/yr insurance on my SFH vs $7k on the building) makes Multis more attractive to me than all SFHs.  

The combination of BP and SJREIA is plenty to get you started and networking with the right people.

Purchased both properties back in Jan and sold both of them this week for combined profits of just under $35K. 

However, combining them creates problems that will be difficult to overcome.Let me explain further.