The "one pager" contract has its place, but I use the State contract 98% of the time because it offers excellent protection to both seller and buyer, is easy to fill out, and is what everyone is used to seeing. ....God forbid you should ever have to go before a judge, but if you do and your transaction was based off of anything other than the State Contract, whatever leg you had to stand on will evaporate.You could certainly hire an attorney to draft one if you would like to go to the expense.

This is for your tenants protection and liability reasons to show you being a responsible landlord.5.

What can I do to protect my property in Texas?

The main benefit of the LLC for rentals is the asset protection.

I have no real expertise here though, although I have been a court mediator and am used to helping people lay out motivations, wants, needs.

This does not cover or protect you if you fail to disclose any little thing wrong with the house.

Of course an LLC can be added if additional liability protection is desired, but with an IRA, you must have an LLC to obtain checkbook control.Were you referring to the participant loan feature when you mentioned the Solo 401k supporting the business?

You should use an estoppel agreement to protect you from things like this.2.

for the most part, the people in 1st position dont really care because if you deal tanks, they are protected 

So you are already protected there.However, if you are sued personally for something happening in your life (car crash, …) a judgement can take all your investment away.