Is it better to create a new EIN or is it better to create a TIN or just use my personal SSN?

That's how it'll work out.For your personal situation, my personal opinion if you and your wife are trying to start up quit getting cute with investing and go buy a really good SFH is a good neighborhood and cherish family formation.

So you decide if you want to put it in the LLC or your own name.If you do it in your own name, and live there, you will be able to take a personal residence loan and qualify for loan programs that only require say 5% down + closing costs.

I've done a lot of searching, but havn't found anyone with a situation quite this niche.I am a 100% commission sales person for a new home builder.

., but I can't imagine one person filling the entire basement so that's why I'm considering breaking it up if possible.

I personally love the Cleveland market for its cash flow.

I am young and inexperienced, but eager to learn about REI so I can control my future.

This risk is particularly concerning during economic downturns or personal financial hardships.In summary, while whole life insurance can provide certain benefits, it is crucial to consider the costs, limitations, and long-term implications before using it as a funding source for real estate investments.To be clear, I don't fault @Brandon Beaudoin for promoting products like this. 

Went into partnership with a person last year on a triplex.

I do have personal knowledge of 3 people who lost everything, went bankrupt and one is being sued.