WHERE I CAN PROVIDE HELP:- Have done extensive research on STR markets across the US & can help with due diligence / putting together pro-formas.- Happy to chat about house hacking, cost segs, bonus depreciation, minimizing tax bills (Note: I am not a financial advisor or tax professional haha)WHERE I'M LOOKING FOR HELP:- Really trying to buy an SFH where I can live in & build a DADU out back.

Main Questions: 1) How do I find a mentor near me and form a mutually beneficial relationship with them, while still working full time at a  retail job with unpredictable hours? 

Either put both of your names on the account or form a company and open the account under the company name.   

You cannot run a business very well without credit of some form. A

There is quite a bit of low income and rough areas in Kalamazoo (worse than GR), so you might steer clear of the sub-800 rent range or build some high maintenance costs into your pro forma.

Can I do this if I form a company in my 401K?

But the class of the tenant has to be factored into the Pro forma. 

They recommended I form a Wyoming LLC to serve as a parent company to the Florida LLC.

It's best to separate out property taxes and hazard insurance in your pro forma.

Purchase Price:$60,000.00Purchase Closing Costs:$6,000.00Estimated Repairs:$15,000.00Total Project Cost:$81,000.00After Repair Value:$75,000.00Down Payment:$60,000.00Loan Amount:$0.00Loan Points:$0.00Loan Fees:$0.00Amortized Over:0 yearsLoan Interest Rate:0.00%Monthly P&I:$0.00Total Cash Needed By Borrower:$81,000.00Monthly Income: $800.00 Monthly Expenses: $415.00 Monthly Cashflow: $385.00 Pro Forma Cap Rate: 5.70% NOI: $4,620.00 Total Cash Needed: $81,000.00 Cash on Cash ROI: 5.70% Purchase Cap Rate: 7.70% We want to buy and hold (possibly using the BRRR method).