Stay current on local rules and regulations that may effect your investments.

They are not normally geared towards Texas and we have our own rules and regulations.#1. 

My thought is to Open the LLC in a different state with lower costs and fewer regulations and relying on the insurance for protection (for any case, even if eventually ill decide to bring tenants into the property).I’d love to hear your thoughts on this.Thanks!

To make an informed decision, consider these essential steps:Seek out a Certified Cost Segregation ProfessionalConsider their experience with tangible property regulations.

That is a good quote price-wise with the cost of equipment. in January New regulations will kick in.

Increased regulations lead to lower housing supply.

Hi Jason, Be sure to look into Lake Geneva's STR regulations.

Sarasota County has enacted regulations on STR so I have friends dumping those (you can do 30-day stay) and repurposing the money.

Study the state landlord tenant regulations and see what options you have.

You can increase income by short-term rentals depending on the regulations and profitability of the area.My wife and I renovated our duplex to make it more appealing to short term renters.