I inquired about the possibility of a two-company structure: A traditional LLC that is the public face of the activities (collecting rents, paying contractors, etc.) and managing the Series LLC with each property in once cell in it (in this case, Series LLC is serving as a holding role).Again, one attorney said that would be much better than a standalone LLC and that is recommended approach, and the other said it is waste of time and money since there are some requirements from Texas Real Estate Commission, which is requiring being a licensed broker in the state to operate in the managing LLC.So, just want to hear what other Texas investors are doing when it comes to series LLCs regarding these issues. 

Someone has to manage the rental, and it's very active.

The big boys play this as a team sport, so think about what you need to know, who you can get it from and then go find that person.

Prohibited offsite booking activity includes, but is not limited to:   Providing contact information prior to booking (phone number, email, website, etc.) 

Avoid "passive" investments, focus on "active" investments to deter risk and really prioritize quality over quantity.How much funds do you have to get this started, you'll need 10x what you have to get remotely where you want to be.

No matter the strategy so you can be ready in case anything happens where you lose your active income or a tenant moves out without notice whatever the case may be.

A low-cost investment in fencing or a gravel driveway could make the land attractive for outdoor storage.Recreational Use: Open the land for recreational activities like ATV riding, horseback riding, or camping.

Yes, actively asking for investments on July 18th and revealing suspension of payments on July 20 seems a bit odd and poorly done. 

If you an active syndicator I'd love to connect. 

I would focus on shorter-term activities to generate revenue (flipping, wholesaling, etc.)