The whole process was pretty straightforward and smooth.

Any advice on managing this situation, reducing costs, or navigating the permit process would be greatly appreciated.

You may confidently handle the process of transferring your house hacking property to an LLC and optimize protection and advantages by collaborating closely with a real estate attorney, tax adviser, and other experts.Good luck!

I am contemplating taking a master class to accelerate the process. 

The key to your success will be how the relationship is defined in the operating agreement for the property.

@Aaron Bard the syndication route would likely be the best route to go for you.You will likely structure in either a 506(b) or 506(c) syndication, each having different pros/cons.To raise capital from those outside of friends in family, you will need systems and process to be able to target/attract investor that want to partner with you on your projects. 

By collaborating and supporting one another, we can maximize our success and make a lasting impact in this thriving market.I'm here and eager to hear from you.

We are still in the process of this as the city has been a little difficult to work with.

On this deal, I was representing a moderately experienced buyer whom I have worked with twice previously in a purchase of a relatively new small multi-family building.This is my review of a transaction that did not make it to close, which highlights the process of going through an inspection period with an experienced investor-friendly agent and how that process worked correctly for the buyer.  

Then essentially repeat the process.