You can get a shorter, simpler one drawn up by an attorney, I know some guys use a nice clean 1 page doc, but if you're going to be doing a lot of business in Texas it's good to get familiar with the TREC forms.

Nice to see so many in this area.

The job of cash flow is to pay back your cash in. 

@Dakota Williams While it’s nice to improve the ARV and obtain appreciation for when you sell I’ve discovered that most of the time I can’t access that “hidden value” because to refi out the new value would leave the property with negative cash flow.

We invest for long term buy and hold in good areas B+Due to extreme highly demanding W2 jobs we are looking for credible FULLY vertically integrated turnkey companies to partner with.

STR's are a job. 

However, as @Chad Hale mentioned, only if you can afford it - meaning both financially and mentally (e.g. how stable are both of your jobs, how long will it take you or your husband to find a replacement job, how much you have in reserves, and whether you guys are in a position to withstand that mental stress, etc.)When you mention 8k monthly, I am assuming that's net profit?

Quote from @Moshe Mindick: It’s nice to get the BS, PL, and detailed GL in excel.

I ended up buying a SFH home on a nice-sized lot and I am building an ADU on the property.

It was carried out through zoom so it was very convenient- The employee that I had a meeting with was really professional and nice.