New RE investor here, highly motivated and interested in properties in metro Detroit.  

Find motivated sellers.

The #1 biggest struggle is getting off-market motivated seller leads, houses at a decent discount.The #2 biggest issue... is friggin contractors.

House ARV now is $320KIts the green house :)Motivation is key! 

They can definitely be an excellent resource for these sorts of questions too. 

Learn from it, research it, use it as fuel, and ignite your motivation for investing.

So, would it be better to form a sort of 'personal' LLC that I am the sole owner of and keep my partners on the outside of that?

Yes house hacking is the best cash on cash return hands down, but taking X amount of years to save up for the down payment seems like a real motivation killer in my opinion.

I AM asking for help from some individual in looking through the specifics of this deal, or someone who can point me toward a calculator of some sort that combines the househacking/STR combo that I am considering with this deal.*** I have been browsing these forums and binge-watching YouTube and BP Podcasts for the last ~4-6 weeks and my wife and I are both on board to try our hand at real estate investing.I believe I have found a deal that works for us, but would love the opportunity to talk through it with someone who knows what they are talking about before pulling the trigger, because it seems like it is a bit outside nearly all of the examples I have seen other people describe as their first deals.The property has a house on two and a half acres that also comes with three rental cabins (they are currently being used as short term rental units).

Our biggest motivation is to be able to spend more time with our kids and to stop spending so much time commuting every day.