Setting up a single member llc does not offer the tax benefits he so willingly touts also today’s business environment is much more competitive With the way information travels compared to 1997 when his book came out The content is more of a mindset motivational book (which it does very well ) than a 1-2-3 step to wealth formula that a lot of people expect to see 

It is always difficult to start some new activity, but you have to do small steps to your goal - make savings, find a responsible real estate broker, get familiarized to all regulations and rules of successful investment strategy, so just prepare to face numerous difficulties, especially with regard to your situation.

Laws change, HOA regulations that can hinder your ability to run this business.   

@Bryan WegmanStrictly based on the current interest rate environment and the rising 10 year US benchmark rate, the 30 year fixed option may prove to be more beneficial than the 5/1 option.

And also the opposite when I sell a used work vehicle I sell it usually to a worker or subcontractor and I hold the note and he/she pays me kind of like private buy here pay here As long as I don't break the regulations for the DMV about how many vehicles can be sold per year I'm OK

Have you studied your state landlord tenant regulations.

But if I get a feeling this is not going to change, I would hand them a notice to cure the default and if they don't, begin the eviction process per your state regulations.

Marriott has a chain of 7 new "feature" hotels in the world targeting Millennials providing social environments on the main level and tiny hotel rooms.

Last I heard, it's a $900 per incident fine for not following the regulations. 

We do see Austin as being a much more stable environment.