Not that long ago my net worth hit 5 million.

So the home is now worth $45k more in value?

Because it’s going to cost more, take longer and then have even more vacancy and holding costs after it’s completed. 1) $400k ready to rent for $3,0002) $320k needs $50k and 3 months of Reno to make it as nice, worth as much and rent for as much as prop 1.

For $500 it's hardly worth it for them I would think.  

I was under the impression putting properties in LLC is worth it after acquiring 4-5 properties and have a decent-sized portfolio.Also, if I do want to put a property under LLC, does it matter that the mortgage is under my individual name? 

As a life long Texas resident who has lived in Fort Worth, Lubbock, New Braunfels and now Granbury, I would agree with everything @Brandon Stewart has said. 1.

It's worth checking with lenders to see if your current circumstances fit their criteria.Your combined earnings, excellent credit, and sizeable down payment should make you eligible for a range of lending programms.

Hey guys Im working on a couple STR deals Im wondering how you are seeing the market and if having a pool is worth the extra expense on maintaining?

@Satya Veer Bandaru - I don't know anything worth knowing on the subject-to topic. 

Let me know what you do religiously that is worth the extra cost and what to avoid.