Texas tends to favor landlords in these cases, but follow the legal process exactly—any misstep could delay things.As for protecting against retaliation or property damage, installing security cameras (if you haven’t already) to monitor common areas might be worth it.

If your firend wants to stay in the place AND has the funds/income to do so, they need to refinance in their name ASAP (as part of the process), not 5 yeas from now, not if they remarry, not 10years from now.   

However, we will likely need a property manager to assist with some facets of running this rental (since we would not live locally) and would primarily market it through platforms such as Airbnb and VRBO to start, (eventually setting up a direct booking process).Here's our question for those who have experience in STR's or who might be involved in a similar scenario: How challenging is it to meet the material participation hours needed to achieve active status?

Feel free to DM me to schedule a call, I’d love to help you out with this purchase!

For example, if I talked with a PM company and I like what I hear and intend on using them but I have not purchased a rental property yet. 

I have purchased my first home already!

Purchase price: $245,000 Cash invested: $80,000 I served as the buyer's agent acquiring this property.

Are you trying to figure out what your strategy is going to be when you decide to move into your next property after this first time purchase?

If so they may have a real estate license or they may work with an agent that relies on repeat business rather than a one-off purchase. 

I read the permitting process and it seems somewhat strict.