For most single-state investors, a local LLC is the practical choice. 

Maybe partner up with a local flipper on the renovation, split the profits after the sell and move on.

I would be happy to connect you with a Investor Brokerage and Full Service property management with a local team in Houston.

Unfortunately, every state and every locality has different laws and what works in one location doesn't always work in others, so you have to be very careful about the 'free' advice that is given in online forums. 

Always INDEPENDENTLY check:zoningcode compliance building classification local rules re Airbnb etc and whether you can assume those statusestitleinspection of building conditions environmental conditions schoolseverything else — this is not a complete list.Never trust/assume.

I have found some of the best contractors from Facebook groups in the local market for example "Real Estate Investors of Oklahoma City".

I'm passionate about teaching real estate in underserved communities and helping others build wealth through knowledge.Looking Ahead: I’m seeking local and out of state investors, lenders, and professionals in the Atlanta area for STRs and MTRs, and in Birmingham, Phoenix, Columbus, Macon, and Augusta, GA for long-term rentals and small multifamily deals.Let’s connect if you share my vision for creating real estate that not only generates wealth but also builds lasting, positive change.

As you're just starting out in Austin, focus on learning the local market, particularly areas with good rental demand and lower entry prices.

I'm local.

California attorneys just want you to LLC locally and pay thru the nose the california franchise fee of $800 per LLC per year.