SFRs are more expensive  and often require a larger initial investment but come with more freedom.

For those in this area, would we be better off looking for a single family home or a small multi (2-4 units) so that way we have more freedom in how we want to structure our leases and have the ability to do weekly rentals?

My love for business, designing, creating, and living a life of freedom.

You by far have simplified the million dollar question regarding the 'super' powers of the LLC that most beginnings want to know and even some 'timers such as myself.

Finance can too, but understanding the financing will give you a lot more power in your transactions.

Excel will have the most flexibility and is extremely powerful. 

Dust, smells, noise, contractors in and out at all hours...you get the idea.If you're married, this is a decision you should talk over with your wife - and you should give her absolute veto power over it, with a guarantee of no hard feelings if she says no.A solid marriage is worth FAR more than any real estate deal.

With that said maybe think about only having one of your names on it and move it into the LLC after so that it doesn't tie up possibly options down the road for more purchasing power for each of you.

Not having that "security blanket" J O B, has me back to in my creative stance and looking for financial freedom.

Knowledge is power.