I have been an active investor as well and have done many different types of investing throughout my lifetime so I can always help with thoughts or ideas.

Pull recent cash transactions in PropStream or Privy, check the LLCs or buyers behind those deals, and give them a call to see what they’re actively looking for.

Since you mentioned owning STR's, you might want to have a conversation with an accountant to see if these properties would be considered active instead of active, especially since it sounds like you are self-managing the properties.This test is a little bit easier than trying to claim Real Estate Professional Status(REPS)

When filing jointly, if one spouse qualifies as a Real Estate Professional and materially participates, the rental activity as a whole can be treated as non-passive for the joint return.

I've actively been learning more about the landlord laws in my state, and the logistics of house hacking.

Most landlord policies don’t cover business activity happening in the unit, even “tiny” cottage businesses.2.

Quote from @Juan Yepes: Quote from @Austin Fowler: Would love to hear from people actively raising equity capital for deals and the kinds of returns you routinely project to attract capital.

Here it is in all it's glorious perspicuity:(3) The individual participates in the activity for more than 100 hours during the taxable year, and such individual's participation for the taxable year is not less than the participation in the activity of any other individual (including individuals who are not owners of interests in the activity) for such year;The regulation doesn't just require 100 hours of participation.It requires you to work at least as much as any other individual working on the property—including your property manager,.What does this mean in practice?

An S-corp on top can make sense for active income (flips, wholesaling, property management), but it doesn’t usually reduce tax on pure rental income and can add payroll and multi-state filing complexity.With multiple states (NC/SC/GA/FL), you’ll also want to factor in state filing and nexus before stacking entities.You’re smart to think about protecting assets and your 22% bracket, but I’d model a simple version first (just LLCs + your current return) and only layer in an S-corp if the numbers and activity level really justify it.

Quote from @Adam Wachter: Quote from @Rohullah Sharifi: Short-term rental (STR) activities require active participation and proper documentation to substantiate your involvement.