Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

If there is equity can you use that to reinvest and come out better ahead doing something else?

Any violation of the lease can be used to evict in Texas.  

Does anyone have a sample of an assignable option contract for real estate that I can use? 

This was the assumption we operated under until December 2023.

I have 0 experience managing STR properties, but lots of experience using Airbnb from my travels 😅 I am halfway reading Avery Carl’s book on STR.

What this leads to is higher purchase prices but also higher rents in these areas. 

An LLC is useful for two things: anonymity and legal protection.

For example, if you are looking to connect with other members near you, want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/usersI really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alertsThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides

Would be nice use it as template of what’s acceptable in the court of law