FIRPTA may require withholding upon the sale of the property.

Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Next, I would require all my tenants to have their own insurance.

You also should list how much $ you are putting into the deal even with ownership of the lots as depending on that equity a lender will require you to start with your own funds. 

The use of the plural in Reg § 1.469-9(c)(4) indicates that both spouses on a joint return are considered qualifying taxpayers if one spouse separately satisfies both requirements of RE pro. 

I opened a new host account to handle guest interactions myself, hired a local handyman for emergencies, and found a cleaning person who could also act as my eyes and ears for any required handyman services.

Here is why I didn't require a reference for each one:The first set were a 17 year old and a 19 year old, trying to escape a brutally abusive situation.

Being a former California GC, I think the problem could be one of two things. 1) Texas does not have as strict of licensing requirements as Cali does.

The average cash flow achieved per unit is a pittance in comparison to what can be achieved via appreciation, value adds, smart tax strategies, etc.Overall return defines the success of an RE purchase, but if you require the cash flow to sustain the purchase then cash flow is important to you.  

I purchased a short-term rental property a couple years ago that requires crossing another landowner's property for access.