However, it is important to familiarize yourself with the legal eviction process in your area and follow all required steps to ensure a smooth eviction process.

If you're managing the rental yourself, you'll need to have a plan for handling maintenance, cleaning, and guest communication.

All 3 typically have different requirements. 

Evaluate operating expenses, including property taxes, insurance, utilities, maintenance, property management fees, vacancies, and capital expenditures (CapEx), to ensure accurate estimates.

It is easier to use as LLCs have requirements like separation of assets (personal and LLC assets are to be separate) in order to not be pierced for asset protection. 

If rehabbed did you check to see if they pulled required building permits ? 

I have a property ideal for conversion into a triplex with minimal renovation required.

Texas law concerning series LLC specifies that separate records and bank accounts are NOT required for each series for the separation of each series liability to be recognized in court.  

If a partnership turns into a single member LLC due to a partner leaving, a new EIN is required but how would a business still keep the branding of their original name if creating an EIN requires a different name?

Due to the requirements of opportunity zones, many small investors may have a hard time utilizing this tool.