It is landlord-friendly, and specific pockets have gone upwards of 2-4x in the last 5-10 years.

We've set aside some capital specifically for investments and are now seeking guidance, mentorship, and possible partnerships to help us navigate this exciting but unfamiliar terrain. 

This separation helps in maintaining clear financial records and simplifies tax reporting and financial management.Setting up an escrow account specifically for rental income within your LLC can offer several benefits:Financial Clarity: It separates rent payments from other operational expenses, making it easier to track income and expenses related to the rental property.Legal and Compliance: Helps in demonstrating that rental income is kept distinct from personal or other business funds, which can be important for legal and tax compliance purposes.Tenant Transparency: It provides transparency to tenants and other stakeholders regarding where rental payments are deposited and how they are managed.While it may not be a legal requirement in all cases, maintaining an escrow account specifically for rental income is a prudent practice that many experienced investors and landlords follow.

If you're considering it as a vacation spot as well, look for an area that excites you and offers interesting attractions.

I am considering putting the property in their name in order to still qualify for any first time home buyer offers when I am looking for a single family home 2-3 years from now.

Within the purchase contract, are there any specific criteria I need to call out (this is anew build, if that helps)2. for the agent contract, it says they will be the exclusive agent - I get that makes sense in the context of this property, but can they make themselves the exclusive agent we have to work with across Texas?

For the AC, I went with the GE Profile ClearView window AC unit, specifically the 8,300 BTU model which runs off of a standard 110v outlet, and is available on Amazon with Prime shipping.  

I am in the Raleigh/Durham area, Cary specifically. 

You should charge the market rent in the area you are in based on what you are offering.

They were outraged that it hadn't been offered to them.