Pre-foreclosure - homeowners are desperate to avoid foreclosure and they quitclaim deed the title to some XYZ organization , person, or to a lawyer that specializes in foreclosure defense.

I could also add there is often construction in central Houston and it does cause unforseen issues. 

Regulations & Compliance: What's the best way to research local STR laws and avoid potential regulatory issues?

Quote from @Ashish Acharya: @Sanjai Dayal If your LLC owns the commercial building and leases space to your medical practice LLC, it’s essential to charge rent at fair market value (FMV) to avoid IRS scrutiny.

If you're local to central Alabama I'd love to hear from you! 

Avoiding accessive PM fees (personally I recommend most people self-manage)These will eat away at your ROI.

NC is a great market for your goals, however it will be challenging to find inventory that has much cash flow; many people who toss money into multifamily here do it to avoid the tax bill + take the 10 year runway of growth.How much SHF RE do you currently have?

And @Michael Plaks is correct that setting up in GA didn't avoid the CA LLC fee. 

This will avoid a lot of confusion. 

That’s why many syndicators rely on exemptions like Reg D (506(b) or 506(c))—it’s not about the filing fee, but avoiding the regulatory burden and costs of full SEC registration.