If so, what does that actually look like in practice?  

I'm trying to practice using these analysis tools and found a property in my area that I think could be a good investment.

Also start running numbers to practice.

Below is a practical breakdown of the three primary Northern Idaho counties investors look at: Kootenai, Bonner, and Shoshone.🏙️ Kootenai County (Coeur d’Alene, Post Falls, Hayden)Market SnapshotAverage Purchase Price: ~$615,000Average Monthly Rent: ~$2,250Average Annual Rent: ~$27,000Approximate Rental YieldGross Rental Yield: ~4.4%Estimated Net Yield (after ~25% expenses): ~3.3%Investment TakeawayKootenai County is the strongest and most stable market in Northern Idaho.

Plus Columbia practically banned STRs from what I hear on STR Facebook groups. 

From there, practice running numbers on a handful of properties until it starts to feel second nature to separate good deals from bad ones.

We are just beginning in this field, we would greatly appreciate insights and feedback from others on best practices for integrating new owners and properties.

Most people read for months but never practice the numbers.

Or you can learn from another successful wholesaler Brendan who trains others nofluffwholesaling dot ca This will be more practical than theory. 

Even if the LLC is disregarded for tax purposes and ultimately reported on your 1040, separation is still best practice.