If you- own a short term rental in your name- have a mortgage on that property - self manage Do you still create a LLC to manage your rental business or do you manage it under your name and then file income and expenses as part of your tax filing?

That's odd, because I could have pulled an extra $35K out over and above my out of pocket expenses. 

.; many RE investors have comparatively longer time horizons, and I would assume that most RE investors have a lower tolerance for risk).I'm a RE investor, and don't have any crypto, but I have plenty of friends who hold a lot of crypto, and we've discussed crypto endlessly...At the risk of sounding like a luddite, even after years of discussions and reading countless articles, I still don't feel like I have a good understanding of crypto.  ...and frankly, I'm skeptical of people who claim to have a thorough understanding of it (yet, there are no shortage of self-proclaimed "experts" who describe crypto with the confidence of someone predicting a sunrise!)

Hi Whitney: the BRRRR strategy has been significantly impacted by the higher mortgage rates and lower LTVs.

3- Can I use this strategy and deduct all business expenses if I finance the property with a secondary home loan, or should I only get an investment loan?

You'd be surprised how  much they are willing to give in and how much sellers will lower asking with those concessions. 

The other numbers seem to be good estimates (higher on the upgrades and lower on the rent).What do you think?

The short-term rental is a bit more work, but it covers a lot of their expenses. 

This property will have property manager to pay all expenses and deposit rents. 

I think they recently lowered the down payment requirements for owner-occupied multi fams.