In doing so, bear in mind that the cost and admin of a corporation is higher and that the tax treatment is different:1.

I’m still learning myself, but I’ve found that connecting with other investors and figuring out which areas of the market to focus on (like distressed properties or foreclosures) can make all the difference.Are you currently looking to jump back into investing, or are you exploring different strategies at this point?

What is going to make any difference at all this year?  

Are you doubling down on short-term rentals in tourist-heavy areas, pivoting to long-term rentals in growing suburban markets, diving into value-add multifamily properties, or exploring something completely different?

I'm now wondering if that isn't a cultural difference.

Lenders tend to have different requirements.... some look for a required minimum membership interest and others look solely at direct benefit the signer receives which could be membership interest, fee etc.

The reason I post this here is because I got totally different answers from two CPAsHere is the story:I bought the house as investment property and run it as STR for the last two years.

If not you might want to seek a different agent.

No deal is perfect, and anyone on these forums will have different investment objectives as you, but you will typically get some things to at least think about before moving forward.

Here are five dangerous provisions to watch for in an Operating Agreement:Dangerous Provisions to Watch:Authority to incur debt without investor approvalPower to make loans to other entities/projectsAbility to cross-collateralize with other propertiesPermission to use investor capital for other venturesCommingling of funds across different projectsWhy These Are Potential Ponzi Indicators:• New investor funds could be used to pay existing investors• Project-to-project lending can mask poor performance• Cross-collateralization puts your investment at risk for others' failures• Commingling enables masking of financial problems• Lack of project segregation enables fraudulent schemesProtective Measures to Look For:Strict single-purpose entity requirementsProject-specific bank accountsDebt limitations and investor approval requirementsProhibited related-party lendingClear fund segregation requirementsProfessional Best Practice:Request bank statements showing separate accounts for each project.