They are meant to reduce your living expenses to save money while getting into a property way under the 20% down threshold.

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

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

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

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?

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.

Cold calling building owners, mailer campaigns, text campaigns, online community groups, lender referrals, live auctions.