Only two electrically operated items may be plugged in to any electrical receptacle.

Let them know that there will be routine quality control checks/inspections so that if your third party inspector finds any issues with quality, the GC will be responsible for paying for the correction.These are just some theories that I think will help and plan to implement when I operate out of state flips.

Quote from @Travis Biziorek: I own and operate a STR in Detroit and this is the first I'm hearing of this regulation.I'm not convinced it exists.

Quote from @Jaycee Greene: Hey @Daniel Stegelman, how much are your operating expenses?

That part is not as straight-forward.Such operating agreements are frankly costly when done correctly.

So you still need to sign.Have you provided them a copy of the operating agreement of the LLC, certificate of good standing etc.

The most important part of a syndication is the person and company that is operating the syndication. 

@Tanya MaslachYou do not necessarily need to have an Ohio based entity to purchase and operate rentals in Ohio, HOWEVER, many lenders are beginning to require that either an entity based in the same state or a foreign entity is registered in that state in order to obtain a loan approval. 

Are there any insurance companies that people would recommend for this investment strategy that do operate in the Austin, TX area?

Non-profits and/or sober living operators may also be interested, depending on their needs.