Many have stated here that the best way to learn is to actually start, otherwise "analysis paralysis".My value add is that I am a good communicator with strong negotiation skills, love to work with and help people, as well as have significant business operational and financial knowledge.

I found a common theme by doing just that about generational or legacy wealth creation.

Pulling out your equity will increase your true cash flow on your existing properties and the additional income properties will generate positive cash flow above and beyond the debt repayment and expenses on each.

So I’m trying to apply for a new tax ID number and I’m being asked where the business is physically located.I live and “operate“ the business in Georgia but the LLC was created in Indiana.Do I choose Georgia or Indiana?

So far my 2-bedroom listings have generated a ton of bookings but I'm starting to consider STR for my larger properties and I dont think I'll have the same demand on 3 bedroom or larger properties so it would seem to be far more effective to rent out by the room.

So have an operating budget, and a marketing budget and capital to get you going. 

Most startups fail and don't generate any return for investors.

If you look at 3.5% loan vs conventional 20% loan on let's say a $200K 4 unit that generates rents of $650 a unit (minus the unit you're living in) that's $1,950 a month in rents. 3.5% means $7K down payment vs 20% 40K.

If  you aren't get familiar with your land lord laws so you know what you must provide and operate within that.... then you can simply deny her requests that are outside of the lease rather than looking to evict her.

I can't operate a rental for 100-200 flow a month in my price range.