Being patient and selective with your acquisitions is important in the Houston market.

Costs can vary widely, but you might expect to pay anywhere from $10,000 to $25,000 for a comprehensive PPM (Private Placement Memorandum), Operating Agreement, and Subscription Agreement.

My suggestion would be to select someone with the most forum posts or most reviews.

Cons: Property taxes can vary widely depending on the county.

It was based on statistics from many landlords over a wide variety of portfolios. 

Was very conservative on applicant selection. 

I do all the management myself (tenant selection, chasing rents from time time, accounting, etc).

The viability of an AirBnb strategy would also fluctuate widely based on where it was, ie at 116th and Kinsman vs on Dorchester in Shaker hts...

Depending on your area you might find a nice selection on Turno that you can rotate through. 

These tools include the strategic use of domestic charging order protection (COP) entities in select jurisdictions as well as the revolutionary Bridge Trust ®.