Your bank will want first position and may limit the VTB (second position) contribution.  

short term rentals displace people, remove good housing from the market and shut out anyone who could have lived there or bought the property themselves and they exacerbate gentrification and contribute to ruining neighborhoods because all the residents who may have had a sense of community are replaced by out of towners who don’t care or even bother usually to preserve any semblance of community because they have no ties to it. again I am genuinely curious as to the thought process that goes into this.

Our growing multifamily investment firm has an opportunity available for somebody ready to roll up their sleeves and learn the RE business from the inside with some paid, hands-on experience.Primary Contributions-Leasing-Turnovers/Make-Ready-Building/Contractor Inspections-Maintenance (contractor scheduling and/or direct resolution)Once a proven track record is established, you will be brought into deal reviews, financing, acquisitions and all other aspects of the business.This is a paid opportunity and working hours are very flexible. 

AGI deducts things like HSA contributions, contributions to retirement plans, student loan interest and other similar things. 

Specifically, a rundown of sustained contributions to a 401k, its growth, and what post-retirement distributions look like, vs the long term value of cash flowing rentals (cash flow over the years, mortgage paydown, and assumed appreciation). 

With single-family homes making up more than 56% of the state housing stock, the creation of additional ADUs will contribute meaningfully to easing California’s housing shortage.Backyard Homes Project.

Just do an introduction and gather your thoughts on what you would find valuable for this and what areas you'd like to and/or be able to contribute. 

You just have to network and be someone who comes from contribution and it will turn up.

There is no way to decrease it by allocating/contributing it to the LLC or by investing anywhere else. 

I am looking forward to being apart of the BiggerPockets community with contributing and as well as learning about the commercial real estate and investment industry.