Here you were eager to comment negatively on something you apparently don't know anything about but completely uninterested in actually learning about it.

Lessons learned?

It is a great place to learn about real estate investing.

However, now I'm learning that I should be able to do the same thing and just classify the LLC as an S Corp when filing my taxes and it avoids nearly all of the self employment taxes. 

I am curious about house hacking as well.I am currently in the learning phase and hope to make my first investment within the next 12 months. 

You are at a good site to learn.

It will take time to learn and understand how to have your money make money but i guarantee You will look back 10, 20, 30 years from now and be grateful that you got into Real Estate. 

Depending how much you earn you can step up those savings by getting a side-hustle in any part of real estate....working for a top Real Estate office on weeknights and weekends, working for an RE Investor, working for a General Contractor and learning a few skills, etc.

Lessons learned?

The second highest grossing property we manage Lessons learned?