I've gone to a few people I know and its always the same answer "the deal makes sense but you have no experience".

I live in an area where wood stoves, pellet stoves, and fireplaces are pretty common so most people understand how to use and maintain them.

I've done a lot of reading and looking, but finding a property for a price that makes sense to flip is proving very difficult for me. 

IMO the house hack makes more sense long term.

Then I was told that it is common practice.

thanks @Michael Lee, that makes more sense. 

I'm not sure it makes too much sense to have 20 different LLC's for every single property you guys own together. 

I think it would be a great opportunity to share knowledge and meet people with common interests in RE investing/landlording/financing/etc. 

@Joshua Von Schlutter this is a very common question and they both have their pros and cons to them.Line of CreditTwo of the common areas of concern for LOCs I see out there is the 10 year maturity date and the adjustable rate.

That makes sense!