Since I am a licensed real estate agent, I was able to represent myself as the buyer's agent.

Their wife’s trust fund is the “real” buyer.5.

@Cathy LiRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I am a new investor in Texas, and have spent the last half year educating myself on anything real estate investing related.  

The upside is, even with a personal guarantee, the mortgage will not show on your personal credit report.Lastly, in both, while LLCs do offer a level of protection, which is certainly valuable, they also require more work.  

Location is one of the key components of owning real estate and given your location the trash may just be something you have to deal with.

I took my first attempt at BRRR and bought a house (Kansas City) for 200k, which will be my new residency, so I could use less downpayment and needed a second bedroom anyway. After the appraisal, I had instant equity ...

@Dan N.These types of strategies is like building a conveyer belt between your home and your neighbors in order to borrow sugar from your neighbor instead of just walking there, knocking on the door and ask for sugar.Making these overly complex strategies for real estate really adds zero benefit and just costs you extra money in the long run.May I ask why you need such a complex structure ?

Try local banks and Credit Unions, they'll offer the best terms for you. 

I’ve read a couple of intro real estate books, listened to multiple of the BP podcasts, so was exploring the idea of the license as well