and also like what I do Utilize as STRs: You furnish and list these properties as short-term rentals (STRs) on platforms like Booking.com or Airbnb.Generate Cash Flow: The higher rental income from STRs, compared to long-term rentals, allows you to cover your mortgage/lease payments, generate positive cash flow, and potentially have funds left over for further investments.Positive Cash Flow: STRs often generate higher rental income than long-term rentals, allowing you to cover your costs and potentially profit.Tax Advantages: You can often deduct expenses related to your STR business, such as mortgage interest, property taxes, and maintenance costs.

This is in the east side of Buda in 78610Property price is around 340,000 and the monthly payment for 80% mortgage at 7.125% with property taxes (2.32%), HOA and Insurance comes out to around 2,600$Rental comps suggest around 2200$ gross monthly rent. 

My name and my daughter’s name(s) are also in title and the loan.I have really good equity in both properties (six figure) with great interest rates.At some point my daughters and their husbands will move out to upgrade to something bigger.I want to turn these properties into investment properties after my daughters move out:  thinking the best way is to convert in my name only.Also considering leveraging the equity in the properties to help buy new homes/townhomes for my daughters when they are ready as well.Wondering what the best strategies would be for me to expand property portfolio, minimize tax impact , create more passive income while continuing to help my family grow.I appreciate any advice! 

That's a significant amount of after-tax savings to accumulate.Investing in a city with an average annual appreciation of 8% can be a game-changer.

My wife and I have business income and our accountant can divide the income according to what would be the best for reducing tax liability.  

Additionally, strong tax planning is essential, as your W2 income limits your ability to deduct passive losses.

Property taxes, income taxes, sales taxes, declining population, unfavorable rental laws, winter weather.

As Dan said though, there are many tax benefits.

If a large investment company wins an auction, SB1079 typically gives you the chance to step in and match the bid within 40+ days.Check your local treasurer and tax collector’s websites—they usually list upcoming online and in-person foreclosure auctions.Hope this helps! 

For your sake I would make sure, if you aren't NNN right now, that you at least have RE taxes protection in your lease.