This will allow you to learn the ropes and minimize your risk as you gain experience.Monitor your investments: Continuously track your investments' performance, including rental income, expenses, and property value.

This is my track record so far , in term of DSCR for each property:a) ex primary property A, DSCR 1.1x , purchase 350k, FMV 1.1Mb) ex primary property B duplex, DSCR 1.8x, decided to sell after BRRRc) ex primary property C condo, DSCR 0.9x , decided to sell when appreciation > 500kd) current property, ADU/basement, DSCR 1.1x purchase 800k, FMV 1.2M rehab 70kI do have others too that I purchased solely for rental, but yea in the last 12 years I've been collecting and selling primary few times.I am now understand there's product called no-ratio loan for primary mortgage, with this product this can be used if conventional can't be used.Again if you focus on your W2 and focus collecting primary you would forget to buy rental/OOS because appreciation every year is even greater than rental.Some hints: average appreciation is 4-6% depending on year ; but the beauty of this strategy is actually you live in the same primary house, your mortgage is 100% paid by your tenants and your tenant never meet you because we live in different building structure.

@Nam PhamContracts: Have a detailed contract outlining the scope of work, deadlines, payment schedules, and materials to be used.Updates: Establish a schedule for regular updates, such as weekly calls or video conferences, to discuss progress and any issues.Project Management: Utilize project management tools like Trello, Asana, to track progress, manage tasks, and store documents.Documentation: Request regular photo and video updates.

I kept track of the properties another investor bought and they have had to lower the prices to flip it. 

I would just stop going there instead trying to track down the owners and analyzing their corporate structure.  

This approach allowed us to move quickly and efficiently, ensuring the project stayed on track.

.), you may want to consider combining (your stake in) the LLC’s with a legal tool that is specifically designed for asset protection purposes for example a Family Limited Partnership filed in a state with strong charging order rules such as AZ.I recommend you to schedule a consultation with an insurance broker and an asset protection attorney for real estate investors that has proven expertise in the area of asset protection planning.

Lastly, get a simple software that collects rent, late fees, updates maintenance requests and tracks payments.

There are inspection apps that will help you to keep track and record your inspections.

Texas has a lot to offer, and it sounds like you’re on the right track!