I'm just here to note that an LLC does not offer a single tax benefit, nor does it allow any deductions that aren't allowed without an LLC. 

I completely agree that luxury rentals need to offer more than just aesthetic appeal; they need to resonate with tenant expectations and justify the premium rents.

National banks typically do not offer products that suite your needs here. 2.

It's going to offer Strong economic growth, Appreciation (especially in DFW), Tax advantages (no state income tax), and a Growing population, including infrastructure and amenities. 

For the first time in years I’ve noticed many of the larger apartment complexes even offering the first month free to fill vacant units, so it’s clear that demand is down.

Quote from @Timothy Rei: The absolute best way to solve this problem would be to offer the teacher $30~$60 to cover the cost of keeping the heater on during days when the room temperature fall below an agreed upon threshold. 

When is the last time you did a walk-thru (highly recommend taking a video!)?

@Jimmy Lieu, thank you for the offer.

You could offer cash for keys to get her out-NEVER hand over any money until they are out and you have the keys and signed paperwork that they are out of the property. 

It's the simplest way and walks them through the entire STR process.