I’m in the housing business and that’s all I can handle at this time I shall always be grateful to those people who sold me on the proposition that investing in income producing real estate was truly a solid and proven pathway that leads to financial independence.

If financial independence is your goal, then living frugally is more powerful that increasing your income IMO.

And in the number of Tax Audits I have handled for clients, believe me, the Agent was not the least bit interested in the taxpayer's intent, only what he actually did.But it is good to have a diversity of opinion, so the members can decide for themselves.

You are 18 which is awesome, if you get behind working towards a financially independent future that early you can go very, very far.

My 5 year plan is to become financially independent of my current employer and eventually move down to that area.  

Business is going great however I'm interested in generating independent real estate income, and this sounds like the right place.I currently live in Newcastle WA, a suburb of Seattle.  

., I want a location independent way to collect rent and I would like a location independent way for my tenants to pay rent (remove the "I am still on vacation so I will have to pay rent when I return" rubbish).  

What reports would you use to audit her?

If you really want a Con to being an LLC... regularly scheduled Audits can become part of your routine.As for your limit of liability, you can actually purchase Insurance to protect you for a lot of things.

She lives in CA and invests in other states. https://www.biggerpockets.com/renewsblog/2016/07/14/bp-podcast-183achieving-financial-independence-rental-properties-sarah-pritchett/