I started with single-family homes and then moved on to condos, typically holding onto properties longer than I probably should.

Renting by the room (long-term) is stable but requires tenant management, while Airbnb (either by room or whole house) can bring higher revenue but needs more hands-on work—make sure to check Little Elm’s short-term rental rules.

Option 2: Sell them and split the proceeds.Considerations: - Immediate liquidity: I would have cash on hand for new rental or stock investments. - Eliminate mortgage obligation: Selling would relieve me of the mortgage. - Able to keep the retirement fund that was going to be used to buy out the equity

It cash flows without the utilities split but I am planning to hold onto for a long time so splitting the utilities seems to make sense.

Having this hands-on experience with real-world properties helps refine and enhance our software.Important Note: This is not a commercial off-the-shelf software program—it's an internal tool we use for streamlining our deal evaluation.

Investment Info:Single-family residence buy & hold investment.

On the other hand, sometimes fame and celebrity can get somebody singled out to be harassed when they would not possibly have been at had they not been a high profile individual..

How you hold your your shares in the ownership LLC is up to you. 

If you enjoy hands-on management and rapid income growth, this could be your strategy​​.Considerations: Expect higher maintenance costs, variable income, and stricter local regulations in some areas.3.

I, like you, am a managing partner of a holding company, but unlike you, we are heavy into the real estate space.