Then there’s city regulations—some places heavily restrict short-term rentals, so you’ve got to check the rules.If you find the right spot and automate stuff (guest communication, cleaning, etc.), it can be profitable.

Over the years the only place I have lost money is the stock market.

Kid in college and one starting to drive   blah blah blah.I'm sure there are numerous places to cut money for sure. 

Other KPIs and considerations you should evaluate when talking to any lender who offered private placement of loans/notes are historic default rate, how quickly they can place your funds (do you get preference over their income funds, for example), average interest rate - borrower note rate and what is passed through to you, are loans serviced by a 3rd party servicer or in house.

In some places it is a lot cheaper to rent instead of buying, but in other areas, it is the same (or cheaper) to buy a home. 

Make sure you have other exit strategies in place, Fort Worth allows up to 5 unrelated people last time I checked.

As far as the noise goes, I can tell you from experience that being an entrepreneur in any form can be a very lonely place.

Hi Stan, you're in the right place.

If you do place the property in her name, you've got a Gift Tax (Form 709) to complete. 

NOTE: any decent attorney can still track you down.LEGAL PROTECTION: By placing your assets in an LLC, you legally separate them from your personal assets.