I have heard that I should have an LLC for each home but it seems administratively burdensome to have 100 bank accounts and 100 different tax filings, credits cards, checkbooks, etc...

I'm curious what investing looks like in Arkansas and if there are any local investment Realtors that can shed light on the situation around here.I live at home so my expenses are quite low while I figure this out, which is good. 

They're on the low end of the food chain and you get what you pay for.

The money paid in advance basically functions as a free line of credit, or it sits in a bank collecting interest, so it is a profit center no matter how you look at it.

Alternatively, if you're planning on buying multifamily in a low cost of city to get the best bang for your $ - then it might make more sense to do so. 

I know some investors who invest in low end rentals will just tell their contractors "make it rent ready," or whatever. 

If rates fall later this year as forecasted, it could be worth factoring in the possibility to refinance and bring my mortgage down low enough to continue renting it as a short term rental or consider renting it mid or long term. 

Working for clients looking to buy in Manhattan Beach, it seems like buyers in both the areas are specific with their wants and with what they spend their money on because of the low turnover and inventory in both areas.

No support from the brokerage (not really), but the costs are very low and the software is good.

I don't want to miss a good opportunity but I am also ok being patient - just trying to get all my ducks in a row, so I have the knowledge if something does come along - our credit is 800+ and we have about 900k in equity in our home with a 3.625 interest rate.