@Keith Mintz Will you be running the house or leasing to a company that does sober living.

The average person would be shocked but even our enemies like Iran and Russia are still buying our assets through shell companies. 

No data company is 100%.

I didn't see a need for a holding company but if someone wants one, you can just use another LLC as the holding company.

If something breaks, the management company fixes it. 

The government and HOA's favoritism toward big companies like Sonder.People will keep say the issue is saturation.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

Insurance companies do not like Federal Pacific electrical panels. 

That said, here is how I would proceed...For some background, I used to run an STR management company in SATX and we peaked at about 35 properties under management. 

My company offers real estate syndications.