If you need an LLC for tax reasons later, you can move title into an LLC later for a couple hundred bucks.

Honestly if you are doing STR I would suggest doing Austin itself rather than all the way out there in Kyle - maybe a couple of years ago when the prices were through the roof in Austin city itself this would be a good alternative but there is a blip right now where you can get a god entry point in Austin (downtown/east ideally) for STR

Are you marketing to families/groups or couples?

this is unacceptable for someone like me who manages and is a member of multiple separate LLCs, partnerships, portfolios.  

I can share what I have learned the last couple of years of doing this.

I need long-term renters as a back up.I saw a basement apartment for rent in LauriaVille in a gorgeous remodeled home that’s been listed for $1050  It’s been sitting there a couple months and that concerns me because that’s not a lot of money for quite a bit of space in a great house.It’s been sitting there a couple months and that concerns me because that’s not a lot of money.

After explaining a couple of options he told me he would rather just partner up with me and be the money partner and I would be the operating partner.

He told me that he owned a couple large mobile home parks in town and that's what started everything for me.

I like umbrella because there is no worry of being pierced for inadequate separation of finances, if sued you have a heavy weight in your corner who has all the consequences of a defeat, and because usually it is reasonably priced (mine today is not so reasonably priced but I believe it is mostly related to the risks of CA).I do understand that the probability of needing the umbrella policy is low.  

Cost to wait is maybe save couple grand on zoning attorney but could potentially make that up by earning some rent earlier (vs. unused space).