Stay current on local rules and regulations that may effect your investments.

They are not normally geared towards Texas and we have our own rules and regulations.#1. 

My thought is to Open the LLC in a different state with lower costs and fewer regulations and relying on the insurance for protection (for any case, even if eventually ill decide to bring tenants into the property).I’d love to hear your thoughts on this.Thanks!

In an environment where rates are decreasing you could temporarily get a larger reduction in monthly payments and (hopefully) be able to refinance at a lower, permanent rate sometime in the future.

I would try speaking to both tenants and ask them to try and maintain a quiet environment.  

To make an informed decision, consider these essential steps:Seek out a Certified Cost Segregation ProfessionalConsider their experience with tangible property regulations.

That is a good quote price-wise with the cost of equipment. in January New regulations will kick in.

Increased regulations lead to lower housing supply.

Sarasota County has enacted regulations on STR so I have friends dumping those (you can do 30-day stay) and repurposing the money.

Hi Jason, Be sure to look into Lake Geneva's STR regulations.