I would think there would be risks, I think they get around any licensing based on not having to do trust accounting (funds are still deposited directly to the owner who then pays the co-host via Venmo or whatever).Your experience far outweighs mine I am sure! 

You can pay yourself via payrollYou don't need to meet a time threshold, the IRS will treat the entity as the actor and as long as the activities of the entity are consistent with the business you will be fine.I am an investor & operate a property management business; I have it set up the way I describe here & I have not had any issues.

With the built-up equity in your current portfolio, I'd recommend cross-collateralization via your purchase loan. 

Can somebody explain the different between subject to via the seller and seller financing?

Is it something that you find your way into via networking or something you sign up and pay to be part of?

Feel free to reach out via PM if you have any other questions. 

If you’re getting a full-ride via scholarship then never mind.

You could use that $5,000 to put EMD on a Single Tenant Net Lease property that you retain controlling/equitable interest via Purchase Contract.

Hard money due to one of the owners not having a W-2 for the past two years (he will be able to verify via his 2019 taxes though). 

What Im suggesting is , if you found the house yourself via zillow or other means to contact the seller directly and offer to work with their realtor.