This post is for informational purposes only and for context as rules a regulations are always subject to change...and do.

But let me explain this, because this rests more in the purpose of asset protection than the appearance of each tool. 

Yes, sounds like your CPA is on the right track with prorating expenses for rental use and the personal use based on the number of days used for each purpose. 

So, yes, each new offering is an opportunity to move to 506(c), but for these established groups with established networks that are limited by good deal flow versus capital availability there is no need to change the process and compliance requirements needed with a 506(c) offering, since the entirety of their marketing and raise will be limited to existing investors and/or referrals.Again, for OPs purpose, it doesn't make finding them easier, admittedly, but to imply that 506(c) equates to better operators is not true in my experience.

If this is for investment purposes, the costs can vary on hooking/trenching utilities to your new location.

The purpose of an LLC is liability protection not ego stroking.

Alao you can have an llc in another state ifbyou want to do that for liability and/or asset protection purposes.

You need a budget and should give every dollar a purpose.

I think Zillow is about like Home Depot - the actual products are irrelevant to their purpose.  

One thing you want to specify - does the lender just want an entity or do they want a SPE, or single purpose entity?