The next day when the deadline was nearing on hearing back from the home owner, the listing agent told my agent there had been multiple offers on the home since I submitted mine.

This can potentially enhance long-term wealth building.Tax Deferral-By reinvesting your proceeds into like-kind properties through a 1031 exchange, you can defer capital gains taxes, allowing you to reinvest more capital.Market Timing-Despite the competitive market, a 1031 exchange gives you a defined timeline to identify and acquire properties, potentially putting you ahead of other buyers who might not be as motivated by a tight deadline.Cons:Lower Initial Cash Flow-Acquiring additional properties may reduce your immediate cash flow, especially if properties in your target market are not as cash flow positive as your current property.Risk of Overpaying-In a competitive market, there's a risk of overpaying for properties just to meet the exchange deadline, which could impact your overall returns.Either one is a valid option, but overall it depends what your financial goals and restrictions are.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

It looks like I will be able to file a lawsuit in my Texas county instead of theirs because they do regular business in Texas by selling their products via a sales rep who solicit business by phone and email. 

If the delay results in you not meeting the state deadline, then I suggest you make the PM pay for it or file a complaint against them with the state.Everything has an expected life span.

I am seeking recommendations for a Registered Agent to handle LLC setup and related filings for new real estate investment business that my partner and I would like to set up. 

Anyone can sue anybody in America, it takes few bucks in a district court to file a piece of paper with clerk of the court.

This is generally done through, a quitclaim deed or warranty deed, filed at your local county recorder's office.

Many counties have exemptions that can be filed so it will vary most likely on your situation (primary home v investment), senior, disabled, etc on what those exemptions may be.~ Lindsey

All rental agencies have to keep these numbers on file.