Despite the challenges, the project was a success, proving that well-planned investments can lead to significant profits.

Major difference between working with market renters and tenant assistant programs as well.

Considering the area  I am not sure how this poster's LTRs are going, but I own 2 in the area and have helped multiple investors buy and then lease their LTRs in the Buda/Kyle area as well - all are cash flowing.

@Paulette Midgette I haven't looked at that statute in a while but I would check to see if the Home Improvement Consumer Protection Act ("HICPA") applies to this situation.

I just found out that my usually attorney is not well-versed in Sub-To, and I'd rather have piece of mind with someone that's worked in that world a bit more, just in case something gets overlooked.

But if you did the property up right with killer design and great amenities -- I'm picturing cool wallpaper, a game room, boho/modern furniture and a hot tub -- I can see a place here doing well as an affordable Airbnb/STR option just 10 minutes to downtown Denver.

If your deal is good enough, you pull out everything you had in the deal as well as some to pocket.

As for the legalities of setting up an LLC to protect you and your partners, I would consult with an attorney for best judgement. 

Austin's real estate market is challenging but rewarding, and you're well on your way to success.

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