@Evan Polaski It took me at least a year of sourcing sponsors, finding investment group resources, analyzing opportunities, and understanding proper diligence; so, following a sponsor for a long time happens in the ordinary course of getting familiar with an investment strategy (particularly one that lacks control). 

The other which is where many of the syndicators do not do properly is what you discuss.

Or just stabilize by getting the proper tenants?

I’ve used all the rental cashflow since I started investing to buy more and more houses, or to pay off 401k loans and 0% interest for a year credit card loans to scale up.

Your credit limit on an unused card will not generally affect your scores.

Gatlinburg and Pigeon Forge are both extremely strong right now , with most people overpaying in the years that you mentioned and simply not KNOWING OR CARING  how to properly run a top notch Air BNB. 

If it is for liability protection, keep in mind to actually limit your liability means that any loans and insurance for the property need to properly be in the name of the LLC and not your personally.

Without proper planning, house hacking can become a financial strain.DM me for further questions or assistance if needed.

Proper documentation and consistent reporting are crucial to ensure compliance with IRS requirements.

@Gary Bonds the only way you'll bet a business loan as a newbie, is by cosigning for your business.You'd be better off getting a business credit card you personally cosign for to start establishing business credit.