If they are prepared to earn the private fund returns (and tax benefits) they need to accept the lock up period is indeterminate.

Are corporation taxes up to date?

The police & animal control are very little help because of a lack of resources... always good to see my tax dollars at work!

$30k in equity and 100% cash flow besides taxes and insurance.

**Property Tax Records**: Some counties do share property sale information with townships periodically for property tax purposes.

The sponsors’ goals included “protecting naturally occurring affordable housing” from teardowns, decreasing “gentrification” and lowering property taxes for homeowners.

We are both 1099 employees and don't have the bank statements or tax returns to get a mortgage anyway.

Additionally, I’m considering converting a garage into a bedroom.If I want to list these properties on Airbnb, I understand I’ll need to obtain the following:•BTR (Business Tax Receipt)•CU (Certificate of Use)For these, I’ll need to undergo a city inspection.

Even though property taxes are high in Texas, I guess they made the numbers work. 

@Sarah Taylor From a tax perspective, you would lose the STR tax benefit if you expect paper losses from the property.