Investment Info:Single-family residence buy & hold investment.

After a few conversations, I think the syndication/ JV model where I am more hands off is the route I will be going.

They will not hold up in court. when you buy property like that you run the risk of losing it.

I believe the one that does my tax mentioned using scorp due to our income but i seen its not advised to put real estate under scorp Hey Alejandro, LLC for holding rental properties is generally best for the asset protection, and that's it.

Investment Info:Single-family residence buy & hold investment.

My goal is to acquire 2-3 properties over the next year in Fort Worth area for buy and hold. 

You are leaving a lot in the hands of outside sources you don't know well to get an STR up and running.

As the property won't sell above breakeven, how would you go about holding it? 

Their option was to hold onto it and pay the monthly payment or sell it at a loss and move on.

I have managed to obtain 3 buy/hold properties in 3 years and am in the middle of converting the garage on the 3rd.