Other ideas that have captured my attention are finding a 4 bed/1.5 bath house that has room to add a stand up shower to make it a proper 4/2. 

For those who have ventured into Co-Living, what strategies have you found most effective in ensuring both financial success and a strong sense of community?

In many cases, the commission for external bookings can indeed be higher than if the guest had booked directly through VRBO.To avoid these charges, some property owners ensure that their direct booking links or contact information are kept separate from VRBO listings.

Access to financing, such as 90% of the purchase price, can significantly lower the entry barrier, but success still depends on having a well-thought-out plan for managing renovation costs, timelines, and potential risks to ensure a profitable outcome.

Just ensure that the projected rental income comfortably covers the new payments, including the HELOC.

I have an REO broker with over 15 years experience to help guide you through the process if you have not done it before.I'll work with you on ensuring everything the Am's are lookimng for is addressed in your resume.If I do not get you listings it does not cost you anything.

I would really encourage you to talk to your CPA to ensure you meet material participation tests and are adequately documented.

As someone who lives in Dallas proper, and gets good natured annoyed when some one who lives in Plano says they live in "Dallas" they places you mentioned would make folks who live in Prosper blush (40 miles from Dallas) blush.

Sure there is a very small chance that something will go wrong, but with the tightening rental laws spending a little on a proper lease is smart.

You can request to be the sole seller, ensuring no one else shows the property.Risks: Limited Transparency: Less public scrutiny and detailed information.