I am just curious if the plan is workable and if there is anything I miss or need to rethink about.I realize that I don't know much about property management company, if I am going to invest in Texas.

I’m planning on purchasing my first rental this year here around Richmond, VA.

There is street access because it's a corner lot.This would be my first new contstruction....my plan is to sell my current home (family issues, forced to sell) and move into one of the units as a primary residence for a year or 2 before leasing it.Question is - What is the order of operation to start the project...   

I plan to invest here soon and wanted to share some information about the market, rental income, or even general talk of the area.

Your buyer list will always move a lot as there are many investors that do one flip and move out, but you have that a good start joining to Facebook groups, though be careful of the scams around it too.

I am planning on closing an investment property `all cash` under an LLC name.

Your problem is the IRS doesn’t care if you actually took depreciation, only if you qualified for it.

Plan is for year-round STR, conversion of 1/2 the garage to ADU to double heads-in-beds and add flexible living space too.

The bank is unlikely to even know or care (this is not financial advice :P) 

@Tyler Case - You could offer someone a promissory note or a debt play, e.g. someone brings the downpayment and renovation costs and you pay them a flat 10-12% interest on their money with the plan to refinance their funds out down the road.