If you have enough that you can buy a separate rental property, I would do that and rent it out to non-family members. 

Hey BPI have separate LLCs for my properties.

The 1003 or loan application clearly states you attest that this is all the liabilities you have or know about and most loans to your LLC’s have recourse or require a PG (not all but often they do).If the borrower signs as an “individual,” on the mortgage or promissory note that is them as an individual pledging to repay, now if they sign as a Manager of XYZ LLC that is a different story (then there might be a separate PG document or perhaps its non recourse or not personally liable).Above is in reference to conventional financing and sure there are DSCR/rental loans out there or other types of products that dont care about DTI (non conforming products, hard money, private/portfolio etc).

All are hosted either by military members or recently separated/retired military:- Military Cashflow podcast with @Dan Wynn and Mike Glaspie (Mike is a real estate agent)- The Military Millionaire podcast with David Pere and Alex Felice- Active Duty Passive Income podcast with Kevin Brenner

Then for each property a separate "child series" is created.

Adding a wall to separate the unit from our home made the apartment more desirable to prospective tenants and the situation tolerable for my wife and kids.What was the outcome?

For now everything is great, I just find another house in one of the best neighborhood in Richmond VA, Mechanicsville, a house 3 bed and 2 bath, easily you can rent it out for 1800, plus there are a guest house very separated from main house, fully equipped, 3 bed, 1 bath, 2 living room and kitchen , separated entrance for another street, and parking space for more than 2 cars.

Totally separate company.

If the properties are currently owned as tenants in common(all individuals are written on the deed), each person would report the income separately(for their share) on their return.Trust does not own the property so filing a trust return to include the rental income would be incorrect.

Need advice that for STR for every property should I create separate LLC or one LLC for one state and all properties of that state can be under one LLC?