It's currently called "Little Shop on Bosque" and still operated by them today. 

Clayton was the sales and Bert was the operations.

Just be sure to thoroughly vet the operator’s track record and the deal structure.

Many follow the Entrepreneurial Operating System from the book Traction.One of our core values as a company is to be "enthusiastic about doing the right thing."

@Sharon McCants - I lean toward the advice from @Jonathan Greene on your question.Years ago, I made the mistake of forgoing quality for quantity, which led to headaches and a fundamental change in the way our company operated and in the way I personally invested.

If you operate the vacation rental as a short term rental, you will be able to take advantage of taking any losses you have on the property against your ordinary income.

@Andres Triveno, operating the LLC 100% means that we sign contracts and other documents as member or manager of the LLC instead of using our own names, we have a business phone instead of using our personal phone, we have a business checking account for business spend.

Not sure if the washer and dryer you are supplying are coin operated or free, but mine are coin operatedTenants pay for the utilities and it has been zero issue because I do not allow it to be an issue.  

not sure what the attraction to invest with these folks was.. but it does sound like a meltdown and some pretty poor operators.

So on a 12 unit, I would keep an operating cushion of roughly 24-30k.