Like @Sarah Kensinger said, I would surround yourself with like-minded people that have had success in the real estate industry to motivate you and teach you things you may not know! 

Please be gentle; I'm new at this and it's pretty complex :)Structure / Legal Details- we'd establish market value through a combination of comps from local real estate agent and an appraisal- attorney would establish all required "arms length" aspects including a mortgage at a minimum standard federal rate- LLC would pay us back based on a standard promissory note over 30 yrs Pros of selling to the LLC (I think)- A sale now would be the only time we'd be able to take advantage of the cap gains exclusion on this house bc we won't qualify for the "live there 3 of 5 years" rule due to the timing of our lease and our last time of residence. 

But you are not building any equity renting your current place.Just keep a few things in mind: make sure the rental market can support your income goals, be prepared for the time needed to manage multiple rentals while working full-time, and stay aware of any lease terms that could affect your plans.

At 4.5 stars, you are really hurting in a very competitive market so you might consider redoing the pics, more themed kids bedrooms and start over.

do NOT take a long PPP right now unless you have no choice. will be VERY expensive in the future when you are stuck in a higher then market rate. 

After hurricane Beryl hit, many were left without power for an extended period and I really would like to put my eggs into different basket/market if possible.I see that you’re a real estate broker in Texas yourself.

Were you successful in investing in an opportunity zone?  

Engineer - Utilities LeadEaton - Matthew Root, Business Development Manager - WestEnel X Way - Luis Castro, Business Development ManagerEV Connect - Sheryl Rosenbaum, Program ManagerEverCharge - Kevin Kostiner, Director of Business DevelopmentEvGateway - Laura Pichardo, Director of MarketingEVPassport - Devin Ciriaco, Customer Success ManagerFlo - Thomas Koetje, Business Development Manager - Pacific NorthwestFlash - Sam Veraldi, Vice President, Mobility SalesFord Pro Charging - Mike Troy, Sr.

Was having a fun, purely academic conversation with someone and somehow the topic went from the stock market, ETF's, to real estate, to BRRR's and either he or I or both us came up with this and wondered is this a legit strategy that others have used?

I didn't stick around to see it sell but I'm betting it went to the plaintiff.Here's a question... if you could successfully line up financing in the period between the sheriff's sale and the confirmation hearing, could you close with bank financing?