I recommend reading the following article all the way through to the case studies to decide whether an Umbrella or an LLC will give you the protection you're seeking:  https://www.apartments.com/ren...Hope this helps...

That could be determined by numerous factors which I haven't seen a study yet as this was reported Monday.Anyways when you try to have a property for LTR in cities with school rating higher than 7, the economic doesn't work.

A partner of mine who worked for a RE development and research company says they regularly used Yimby data for studies. 

Study the market.

After studying him it was often that I saw him do and say things that lead me to seeing that he has a scarcity mindset.

I designed a 2 bed 1 bath stacked triplex that fits on a 30' wide lot with 3' side yards and we can build it for $174 a sq ft hard cost. we do them where the land is 10% of after repaired asset value which in our market is 50k approx. we study multifamily trends and stay with it.

I have been studying this space over the last few months and a lot of GPs rely on the ignorance of investors (about their failures, inexperience, unrealistic underwriting assumptions or their unreasonable fees) to take more people's money. 

What you are proposing is the classic money loss situation unfortunately.

@Mohit Arora recommend you spend more time studying TX landlord-tenant statutes.Your lease is probably pretty basic as it didn't really cover this issue - and it probably doesn't really cover a whole lot more.Google & download as many TX leases you can find to copy & paste to improve yours.

Studying commercial property investment could greatly accelerate the time line.