Short-term rentals in Houston can be profitable, but success depends on factors like location, property type, and management.

Depending on who you sign with, some have programs that will help you with this.

We have a lot of spring training baseball here so peak season starts right around Feb 20.March - Ultra peakApril - Slower than March, but a solid Month.May - Decent monthJune - Great monthJuly - Great monthAug - First half is decent then definitely dies down.Sep - Worst monthOct - Second worst monthNov - Bad except ultra peak rates for Thanksgiving.Dec - A little better up until Dec 20 when it is ultra peak.It also really depends on the property and the location. 

Some states have redemption periods after the sale (I don't know if Florida does) If the owner files for bankruptcy even 1 minute before the sale, that stops the sale or reverts the sale, depending on timing.

I honestly find landlording very boring and after many years its not fun.I also have thought of reparing it and then handing it off to a PM company and holding it for longer but dont know if it will be worth it.In this situation, it ultimately depends on your long-term financial goals and personal preferences.If you are not enjoying landlording and find it to be a hassle, selling the property as is may be the right choice for you.

Why did you choose it? 

@Jacob MaesThis depends on your definition for "successful" BRRR? 

But it take a lot of luck and effort to choose the right market to invest in, and managing an off state property is also challenging.I would like to hear people's take on this topic.Thanks!

Ownership and revenue split don't have to be 100% your way, 50/50 or whatever split with your kids depending on how many they are. 

I think is a stretch and it really depends on who they are bonding for one off individual Not so much.. big builder developer who is bringing them hundreds of thousands in title insurance and escrow income a year.. ( like I do on my projects) thats a whole nother kettle of fish.