I did live in corporate housing in Yuma, Az for a while but I don't imagine it is needed everywhere. 

I am looking to get started in corporate housing myself in Houston as well.

I have no idea and do not offer an opinion on whether that type of Operating Agreement would hold up in court, but to date they have been fine for banking and loan purposes.If you're thinking about a business with another person, I recommend seeing a lawyer to draft the Operating Agreement or Articles of Incorporation.

Given these conditions, our buy-and-hold investors are increasingly incorporating fix-and-flip or wholesale projects.

You are going to have to incorporate a personal guarantee into the lease. 

What I mean is should I incorporate a company first and then sell shares to investors?

You can consolidate everything company in there, so everyone knows where things are at.If you have more than 4 people, maybe consider a meeting table and a chair (they can be used vs new) for everyone somewhere you can have meetings (your garage, your basement, a spare bedroom).That will give you a place to get together and focus when you believe you need to.Or maybe your group is more informal and will meet at the (best) Pizza place (in town), or just on conference calls.But still it seems like having one base of operations might be worth considering.Something for you guys to think about.Just my 2 cents.

Congratulations, you achieved the rocking-chair of action questions.

I made the leap from 9-5 in corporate finance to real estate in July of 2019 and it was the best thing I ever did.

per mile writeoff, but of course this deduction is incorporating depreciation of the vehicles.