I would recommend consulting with a tax professional to gather more details to confirm this based on your situation.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

It has cost many people including myself a lot of unnecessary money and still is because you deal with the tax portion of opening unnecessary LLCs recommended by supposed professionals. 

I see that you recommend NOT having my mom deed the house over to me in order to borrow against it.

Hey @Nick Gallon Martin, I recommend speaking to a Tax Planner/CPA, @Jeff Nash would be a great resource for you.

I would recommend looking for local FB investor groups, most areas have them!

Most professionals will recommend a separate LLC for every $1 million in assets, but I don't think that's necessary.

—it’s also about reliability, attention to detail, and someone who just “gets” your space and your guests’ expectations.Do you have any hidden gems, local recommendations, or tips to share?

I recommend Stessa to all my retail clients.  

Peter Lohmann’s newsletter is a solid source for staying on top of national trends; I’d recommend subscribing if you haven’t already.In Texas, I’ve noticed increased activity, especially in the Dallas-Fort Worth area.