I am also looking to invest in a property in Texas, specifically San Antonio. 

And while the deduction for depreciation is legit, you have to pay that back eventually - it's really a tax deferrment.I would be more interested in finding something that causes you to pay more taxes, because it is making you money.  

Make sure you know your exact insurance costs with a specific STR policy that has general liability as well.

Based on personal experience, I would add assuring the lender is specifically authorized to perform an on-sight property inspection, at the lender's discretion / convenience. 

I have a senior living project with entitled land ready for development, and I’m exploring options to attract investors who would see the value in this growing sector.If anyone has experience or can recommend a specific approach or network in our area that would be worth exploring, I’d appreciate the insights!

If you are worried about being sued, there is an argument for opting to just get umbrella insurance.For your specific situation you could consider speaking with a RE attorney or there are services that can help you set all of this up.

Comprehensive CoverageBasic Coverage: Covers specific risks like fire, theft, and certain weather damage.

All these providers balance speed with compliance, so it’s worth consulting with them to compare timelines, costs, and support for your specific needs.

More specifics on what you're looking for exactly can help us direct you in the best place! 

What draws you to multi-family specifically?