Is it a good idea to form an LLC to buy your first house hack?

It would be possible if you buy the acquired property as Tenants in Common

I am from North Carolina but manage my current rental arbitrage properties in Medellin, Colombia & Rio de Janeiro Brazil.Now, I am looking to start buying real estate - likely in the Raleigh/Durham area of North Carolina where I am from, but also open to new markets.I stretched myself very thin on my arbitrage business, so my cash is very low. 

You can then leverage the equity to buy more. 

I'm buying one on Friday.

Hello - I have few friends that are buying empty lots around us, playing a role of GC to build a house (have learned it over the years with education and experience) and sell it.

Investment Info:Large multi-family (5+ units) buy & hold investment.

@John Underwood "I would add this to the lease about starter supplies including cleaning products."

Ideally, I'd like to buy a more practical car for managing my rental (something with more storag space) later this year. 

I'd love to hear any advice from the more experienced folks what I should be doing now to be ready to buy in the next 2 years.