I know it's a consistently heated debate, but it makes sense to me to stay on the side of owning under our names for now with an umbrella policy and then addressing an LLC at a later date if our portfolio gets large enough.

Calls in the night, locked out of the house, frig broken, no heat, snake under the hot tub, fireplace won't turn on, stuck in the driveway, and any of about a hundred other things. 

For me, it adds an element of risk.

Thermal EnvironmentThe heating system must safely provide heat to each room.

There’s already plumbing but I would have to merge electrical / heating. 

Don't set a minimum sqft limit as if the heat source isn't there, it may be labeled as zero. 

We all know the Austin market is boiling and with all these big tech companies coming to town the heat will only turn up.

The lot doubled in value and was bought by a RE trust out of Dallas.East of Airport and south of M uelleris one of the areas I think will heat up over the next several years.

They way it looks is for example the 1st comp would show poorly broken cracked driveway, I would high light that in RED and then in my property overview I would put in GREEN new driveway. another example is heating and cooling would put in RED the date of the systems ie:2008 12 years old and then put my report in GREEN 2020 new.

A few suggestions, make sure you have a strategy for splitting utilities between both units - with one heating and cooling system, one party may be cold while the other is warm.