I am not so much looking for servicing the monthly payments, but more of creating the necessary legal documents and filing with the appropriate govt entities so that I can place a lien on the title of the RE that we are purchasing. 

@Casey HamptonThe capital gains tax scenario for selling a primary house entails excluding up to $250,000 in gains as a single filer and $500,000 as a married couple filing jointly.

Depending on your filing status, capital gains tax rate goes up to 20% from 15%.

If they are filing false complaints it’s one thing but if it complaining and it’s true, even if it’s minor in nature - that’s more an Airbnb issue and they know how to game the system.Reality to is if you get them to stop whose to stop them to ask a friend etc.Your best bet is to talk to them and find out what the Cruz of the issue is

Or, do I need to show some form of monthly principal only payment?

Lenders won't let you add any rental income from the STR until you have that income filed on your most recent tax return. 

We say we'll go 85% on that product, but honestly, it's hard to find a property that is that heavily leveraged where the rent equals or exceeds the mortgage principal, interest, taxes, insurance and HOA fees.

Make sure to open a separate business account for the LLC to avoid co-mingling personal and rental funds.Unless legally required, avoid getting MMLLC as it requires you to file a separate tax return.

But here's where to start your research in Dallas County: General Procedures for Filing an Eviction for Non-Payment of RentI also can't answer your second question successfully from my perspective.

@Keith Cuddeback The deed of trust will be filed with the county recorder's office and will identify the original amount of the loan.