Implementing this strategy will allow you to be more knowledgeable and therefore able to make quicker decisions and secondly others take notice of the investors who are repeatedly transacting in a specific neighbohrood which leads to more opportunties being brought to you. 

On paper, you may not end up with taxable income- I'd suggest seeing a professional.This is where a good CPA is worth the cost- they will be able to make sure you're getting every deduction and mitigating tax as well as implementing a good strategy. 

I appreciate hearing ideas even if they may be difficult or impractical to implement.

I've seen plenty of mistakes, even from folks out of Salt Lake who misjudge a property by using comps from two blocks away or not implementing appropriate property management strategies.A final note:  Ogden's Good Landlord program prohibits renting to sex offenders and recent felons.  

Years ago I invested (passive equity) in a company Huazhou (in China) that ran an asset-light model similar to what you are suggesting where they found hoteliers that were under financial distress and Huazhou would implement systems for reservation and implement a staffing model and control management of the hotel.  

I really see the value in house hacking and I would like to implement it with a multi family.

Thanks for that bit of info Nancy, I will suggest our HOA do the same to implement language differentiating these compliances. 

Not sure if that worked or not, so then they tried to implement super strict rental regulations. 

I will implement all of your suggestions including your last one (ok, ok, I know the last one was just a joke!

The acts and events were concealed by Defendant’s deceit and fraud where with Plaintiff’s due diligence could not bring these claims until now, the conspiracy was conducted through, and implemented by, Defendants and other real estate professionals authorized to maintain and resell the tax liens and tax deeds.RICO ALLEGATIONSThe PIP Enterprise118.