On the other hand, keep in mind that there are costs associated with maintaining an LLC (such as the $800 annual franchise tax in California).2.

I am looking to invest in a Marketing & Advertising Franchise, preferably Indirect Marketing, are you familiar with some that have a good potential?

Well established agents love it because they can make the switch from paying for office and franchise fees to paying for the right amount of virtual support instead. 

Currently operating a couple franchise businesses and decided owning CRE and Investment RE would give me the life I want to live. 

The businesses are both fast food franchises which have been hurt by all of this and as of right now I don't know of any tenants that will not be paying rent.

I get mixed answers on this, the CPA said no need to since there was no translation (only need to file TX franchise tax), the EA said we still need to file.  

This is somewhat similar to a fast for restaurant; if Mcdonalds didn't enforce minimum standards of cleanliness and operations, a few badly run franchises would end up lowering sales volume across the chain.The issue seems to be when STR operators feel that AirBnB has unjustly taken the side of the renter when the operator has perceived that he has done everything correctly and the renter is just taking advantage of a situation, such as he really wants to cancel a reservation past the cancellation period and so uses an excuse to get a refund.  

G6, which operates and franchises more than 1,400 Motel 6 and Studio 6 Extended Stay properties, did not respond to requests for comment from the Dallas Business Journal.There are several other Arizona properties with loans maturing in the next six months, and some already are prepared with a plan for when the loan matures.The Arizona Biltmore Resort backs a $281 million loan, which is scheduled to mature May 1.

Many motel properties, such as Holiday Inns built in the 1960s and 70s are obsolete in any area that has newer franchise brands.

As a Broker for over 25 years, Realestate will continually change, most of the big box franchises have not, they will or they will go away just like all business that fails to adapt to change.