Something more like Rent-Price Ratio and local income growth would be better.

I have been monitoring and researching the Tax deed process in Texas for the last 6 months.

If I purchase in the name of the LLC and move it into the trust then the LLC no longer owns the property (mortgage) and are there tax consequences for the LLC to do this and should I dissolve the LLC?

(min 32) He states the formula for the 2% rule as: the ratio between income and purchase price: Monthly rental income divided by the purchase price = xIs the formula just wrong in the book?

The income from the property more than covers the bank financed mortgage and the repayment of the down payment to the seller which I proposed to make monthly payments on. 

Once that rehab is complete, and a few minor updates to the cottage house in back, the 3 units will be ready for many years of rental income.

What is the tax basis for the lot and what income tax will you owe?

What do you use for bookkeeping, accounting and filing taxes, as you start up?

Solid market for low income investors, cash flow investors, Section 8 investors, that type of thing.

I think it depends on goals and experience, section 8 is a good guaranteed income, air bnb or short term will have higher rents but you will have more monthly expenses (cleaning, internet, lawncare) student housing is another option, and then good old LTR.