I've seen so many ethics and commission complaints where the agent files a claim With their e&o carrier to only have it denied because of that threshold and they're always totally shocked.

This way you can have some real estate that produces appreciation (your house hack) and diversify in a more cashflow oriented market

If/when tenant does decide to buy it, lets say the total sum between rent credits and purchase option payment was $8,000, you can either take $8,000 off the purchase price or as i would prefer, keep the purchase price but produce a receipt as if the tenant already gave you $8,000 in EMD toward the purchase price so it would count as part of their down payment and make it more manageable for the tenant financially to execute the purchase.

We use a company that sets up all of our long and short term holds in LLC's and our parent company is filed in Wyoming due to all information being protected and not publicly available from the LLC. 

Have you considered ways to increase the rent so it actually produces a cash flow return?

It will be a top income producer for you forever as long as you remain strict, competent and ruthless with your tenant screening. 

It is just a legal filing.   

I see a lot of jobs that I could get with a real estate license other than just working as an agent under a brokerage - such as: transaction coordinator, assistant to a high producing agent, etc.

Below you can find a quick FAQ sheet of the updates they have implemented and will be implementing soon.Quick Overview: - The cost of application fees has increased- Platforms will remove listings without legitimate permit numbers- Platforms will have to remit the Hotel taxes directly to the city of San Antonio (Operators still have to file revenue reports monthly)- STR operators can change the operator of the permit without a new application being required (it seems the permits are still non-transferable upon sale, however)- Updated Party Prevention measuresMy Take:This should weed out some hosts that have not been abiding by the permit requirements.

A single member LLC may elect to be treated as a disregarded entity on the member's federal income tax return and report income and deductions on Schedule E of the 1040 rather than filing a return separately for the company.