How should I set up my business structure so that income from my rentals doesn’t increase my personal income reported to the IRS?

The rest of the money sits in cash in the opportunity fund.

Currently my hot tub maintenance person says I need to schedule her to come out to the property after every turnover to poor chemicals in and clean the tub.

Hi Nina.If I were not experienced in land lording and property manager, I would look personally to the extent you want to learn or experience property management versus hiring someone else that you trust to do the job.Yes, the cost for a property manager is important but not essential- the cost between property managers are not double or triple the cost of others (say like attorneys in some areas of law or cars). 

@Mahmudul ShoikotIt’s your choice what you do, but why wouldn’t you help out your tenant to give you money?  

In my experience, about 80% of them will break the lease early and you'll lose money because you negotiated a lower price!

Also, in a mainstream asset class like value-added multifamily, I see no reason to take a risk on a sponsor that doesn't have full real estate cycle experience or that lost anything more than a small amount of money (and prefer no money lost).

but the $7000 to pay off the vehicle will only save me about $600 in interest whereas investing that 7k into another home or renovations, like adding a new bathroom to my current 3bed 1bath home, would yield way more than the money saved.

I need advice on the best allocation of my money and how to achieve this.

DSCR loans offer alternatives for DTI/income and employment, but generally still have strict personal credit requirements.