It may only make a modest profit but it requires very little of my time, is a great place for my daughter to learn and grow, and provides a great benefit for our community. 

That said, most folks here will hold their properties in LLCs for the asset protection benefits that the structure provides.Here is an article that explains the benefits of the LLC structure - https://www.landlordology.com/landlord-rental-llc-... and another https://www.legalzoom.com/articles/forming-an-llc-...As for the house hacking you are considering, if you go with an FHA style loan you'lll have to live in the property for a while.

If a guests explicitly asks to check in early or check out late and if I can accommodate it, I generally try to "capitalize" on it in the form of good will gained and a good review, which a lot of times is more valuable than $10-$20 per hour you may get.

Yes yields are around the 4.5-5.5% mark in Barcelona, but the capital gains potential is high ...

And receive a shared benefit from a successful flip.Thanks!

Once all the repairs have been completed and all invoices have been submitted, the insurance carrier will finalize their subrogation demand to recover their settlement & your deductible.While there are a few comments discussing the issues with insurance coverage & premium surcharge, the size of this loss warrants filing an insurance claim and illustrates the benefits of insurance. 

I am looking to potentially buy a MF dwelling using my VA benefit.

As you mentioned it's a long journey for financial freedom and i need to be more patient on the path and consistent on gaining knowledge. 

Gaining more value where if you purchased outright with cash you gain no equity at all through debt pay down.These are the reasons there is such a thing as good debt.

In my current situation, I'll just transfer everything into our names so I can get the benefit of NFCU's 95% LTV.On another note... do you know of anyone that does non-recourse lending when the 20% down on a multifamily property is from a self-directed IRA?