So far rents are great and we would like to purchase more properties, however we are limited in how much we can save at any given time, which is why we are considering a partnership with another couple by forming an LLC, where we buy and flip homes to generate additional income to buy our own properties.

If you haven't transitioned into an LLC I would suggest you do so and also start looking for commercial lending as moving past a 4 plex most lenders wont look at owner occupied options.

I just took out a loan for my vehicle this month and started my LLC in February if either of those matter.

Should a member of an LLC, acting as the real estate agent, include the commission as part of the profit or be paid the commission and their percentage of the profits?

Once you have selected your market you will want to set up an entity to own your properties in such as an LLC.

Should i cash out refinance before doing asset protection with trusts and LLC's?

We have a 2 x 4 person LLC's. 

I will be doing a short term rental (3-6mo) in my primary residence while living with my gf at her placeShould I open an LLC for tax advantage purposes?

Would love to chatStrategic-Conversions LLC 

Do i need to own an LLC ?