Texas tends to favor landlords in these cases, but follow the legal process exactly—any misstep could delay things.As for protecting against retaliation or property damage, installing security cameras (if you haven’t already) to monitor common areas might be worth it.

The barrier to entry seems high, and the price-to-rent ratio isn't very favorable.

Do yourself and your investors a favor--don't raise money from people and buy an apartment building right now. 

With this structure, lenders can offer more favorable terms, including lower interest rates, making your investments more profitable in the long run.

Negotiations focused on securing the property at a favorable price, enabling us to achieve a profitable margin in a highly competitive market without requiring additional renovations.

Curious on whether you've found the math more favorable between purchased under an LLC with a DSCR loan vs. buying with a conventional loan under personal name and then paying transfer tax again to get property into an LLC.

There are a lot of good things about Wyoming LLCs, but the favorable Wyoming laws don't matter as much because the state you are in will apply the laws of the state the property is located in. 

These properties can provide cash flow and diversification while qualifying for favorable residential loans.

So I wouldn't be concerned about buying quite soon, as things are moving in a good direction...and all the more now that they've assembled a committee that reportedly includes some people who are both more experience with and favorable towards STR.

Do yourself a favor and find out for yourself.PS - We have zero affiliation with NR, Jim piccolo or anything in Arizona.