Each carrier has unique risk appetites, which is why a local broker is often the recommendation.

Nobody knows what the future holds, and it is far easier to admit a new member into an existing LLC than it is to retitle real estate after the fact.An LLC can also limit liability exposure, although real estate is a unique asset class where the property itself reduces the motivation for most plaintiffs to pursue personal assets.

@Liam Wholey,You are not in a totally unique situation. 

I would also have to compete against the numerous AirBnbs and offer a unique experience.

In a unique situation (at least for myself) and wanting to get ideas.

Sounds like you’ve already built a strong foundation in multifamily and have a unique edge with your commercial debt background.

I have a unique job and only work half the year so I have time to research some neighborhoods in person.

Its another unique way of offering max leverage while mitigating your risk.Not saying its entirely on the lender's side either, seeing lower appraisal values, I think in part, because of higher rates throughout the year so the price of recent comps are lowered from the last 90-120 days creating a unique environment.Definitely takes a little more work on the front end to make sure your comps are solid.

The lender should be able to give you more guidance when they have the complete picture of everything you are trying to do.From a tax perspective, house hacking a multi-family has some unique implications: the portion you live in isn’t deductible, but the rental unit’s expenses mortgage interest, property taxes, insurance, and even a portion of renovation costs, can often be deducted or depreciated.

--if you have a mentor now, at this early stage, they may lead you down a path that just doesn't match up with your unique skills/interests/goals (which are all still evolving).