It allows you to go in with a primary residence debt and you have to live somewhere anyways so might as well pay yourself.

Which markets are best for your strategy of choiceHow to compare similar markets Why some key metrics matter more than othersHow to find data on conditions like population growth and demographicsWhich markets are the most affordable this yearDon't miss the live webinar TOMORROW!

I live and invest in Columbus, I would be happy connect if!

Would it be better to keep the current structure under a living trust or pursue the LLC route? 

Not worth an OOS investor gambling on investing in that Neighborhood when there are so many other BETTER Neighborhoods.

For example,Let's say there's a 1000 sq foot house with two bedrooms - one for the tenant and one for the landlord.100 sq foot is for landlord exclusive use.100 sq foot is for tenant exclusive use.800 sq foot is common areas (kitchen, living room, dining room, etc).Is the business use 50% (100 + 400 [common area divided into 2]/1000) or 10% (100/1000)?

That said, it is COMPLETELY different from the beachfront condo area in both guest characteristics and overall potential. 3) My personal opinion (based on years of on the ground experience in the area as a living breathing owner and manager) - 2b/2b have the lowest per sq ft income potential. 3b+ units do better as do STUDIOS!!! 

house hacking is the best way to get started, period.So what about doing that and living in one room and renting out the rest out individually?

I live in sunbelt state with no state income tax. 

Honestly, I intended to buy this home as a primary residence to live in, but after seeing it is across the street, a light bulb went off.