. :-)With that being said what you were doing is definitely a gamble.

I'd say it's liveable but definitely noticeably unleveled.  

You're definitely not alone—unfortunately, dealing with unresponsive tenants and unpaid rent is a common issue for many landlords.

Vacancy rates will definitely vary based on location.

Can't say for sure, but definitely ways to work around it if needed.

You definitely don't want to go from a STR in year one back to a LTR in year. 

Also, if it is a Conventional and FHA, you cannot own the property in an LLC so this will most definitely happen4.

I took a look at the listings on their website.Most of their inventory is 30+ min from the 'downtown' area.Seems like they charge $400 - $600 a bed in Dallas and Houston + a move-in fee to the guest.It would be interesting to know what their management fees are.You should be able to make money based on those numbers if they have a nice occupancy rate.I personally wouldn't rent from there because I prefer my own space but there are definitely people out there that like to save a couple hundred on rent or even enjoy having roommates(Company) around.Best of luck!

It’s definitely a marathon, not a sprint, but with that mindset, you’ll crush it.And hey, reach out anytime—no need to wait till you have it all figured out!

I definitely agree with keeping it slow and not rushing into it.