It is simply a disclaimer of interest in property. 

I have been utilizing Facebook MTR groups in my market as well and have come up flat.Like I originally stated in my post I am currently breaking even simply with my in season short term rentals, which has been covering my annual expenses.

We sign before entering the property and i have it set to expire the next day.

So@Jay Hurst and @Chris Seveney are y'all recommend no LLCs at all or simply an LLC to own the property in the correct state? 

They said it was a lot easier and better to simply create a new LLC to properly match what you are trying to do.  2) So, that is the other route, creating a brand new LLC.The PartnershipThe hardest ship to sail is a partnership, and there is no "fairest way" to do things. 

For the bathroom renovation, if it is simply restored as repairing the bathroom, expense the $11,000 as a repair for 2023 (this will affect your DTI).

or am I simply just going straight to an attorney and telling them the verbal agreement and having them draft up the necessary documents? 

There are some syndicators who simply do not know what they are doing or not that experienced.My minimum per accredited investor is 200k per deal.

Obviously there won't be any 100% "safe" tenants, no matter how much vetting you do, a job loss etc. could always happen to anybody... but I feel like having one at all simply shows that they didn't prioritize keeping a roof over their head for one reason or another, among other issues.Everything else from that post, if I am referencing the same one, seems fine to me.

Being able to enter a property with only 5% down means you can leverage your money way more effectively as well.