We do this, it and saves us a ton of time/money/stress, so we can offer cheaper rentals, everyone wins.       

May be in Texas it's a good way to make money.

Do this in tandem with being disciplined in your spending habits so you can save up more money.

I lend money privately and would never consider this as it is dependent on things out of my control (permits, neighbors, you being a good host, rental demand etc) I sell a ton of STR that are in actual resort communities and have great amenities and they are all  competing for the same guests, I can't imagine that there is a need/demand for this type of unit.

Gentrification of the West Loop & West Town is complete so the money is moving west- i.e.

If you are raising money you will need to register the exemption with the SEC, and it will depend on whether you are using accredited or non accredited investors. 

Quote from @Damein White: I’m thinking should i add mini split to my properties but will it increase my home value  No, waste of time and money. 

If I pay with cash it will take up most of my money that I have set aside to perform renovations on the property.

What a list does and the ONLY thing a list does is  "from all the people you are targeting, IFFFFFF just IFFF they HAPPEN  to be COINCIDENTILY motivated, CHANCES are there is enough probability left you can make money...

You're going to work for this money, you can be sure of that.