I noticed this topic and thought maybe I could offer some insight on mobile websites.I'm simply offering info on something that's going to be important in the very near future.89% of people use their smartphones throughout the day. 93% of use is while their at home.87% of use is while on the go (no surprise)Smartphones Serve As Pocket PCs and Extend Desktop ExperienceExcluding calls in the past week 81% of users browsed the Internet.77% used a search engine while on their phone ( How well does your website look on a mobile device?

:D IOW, work on a win-win basis, always and take responsibility for mistakes.PG

Sounds like that's your plan.You didn't mention the age of the home, but with regards to expenses, most simply fall back to 50%. 50% of gross rents will go towards expenses including taxes.

The name C Corporation is used only to distinguish one taxable entity from another taxable entity (there is no Subchapter C, which governs how a C Corporation is taxed.)Because the "S" simply refers to a section of the tax code, choosing to tax an LLC as an S Corporation affect ONLY the rules used to tax the LLC - NOT the rules to form or operate an LLC, nor the rules that determine the liability of the owners of an LLC.LEGAL REQUIREMENTS & LIABILITYLegal Requirements:The rules to form and operate a Corporation are different from the rules to form and operate an LLC.

If this crazy idea of mine fizzles out and I decide to simply rent the house to a single family, what is the rental market like in Spring and The Woodlands?

It is simply growing.

If "for cause" is defined, then I cannot say more without knowing details.BE WARNED - People will sue whether they should win or not.

It's simply locking up an option to lease option with a seller & assigning it (usually to the tenant buyer, but sometimes back to the seller).JvM

If the "lodge house" doesn't work out in the long run, my plan is to simply rent out the entire place in the traditional sense.

What you are describing is the best way and use those techniques in combination with relationship building and you will win.