My thought on the Corporation vs LLC was to switch my self employed business from a LLC to a Corporation and use that Corporation to invest in real estate.

We purchased this directly from the seller at an incredible basis and look forward to executing our business plan in the coming years.

Or worse ...As you grow your business, so should you grow your reserves.

These numbers should be determined using a combination of the historical financial data available, feedback from your property management company, your business plan, and the property characteristics.Generally, you can expect per unit numbers like this:Repairs & Maintenance: $200 – $500 per unitAdministrative: $150 – $350 per unitUnit Turnover: $200 – $300 per unitContract Services: $200 – $500 per unitUtilities: $800 – $1,200 per unitAdvertising $100 – $300 per unitPayroll $1,000 – $1,600 per unit (very market specific)Insurance: (very market specific)RE Taxes: (very county specific)Again, these are very general per unit numbers but they should help provide you with guidance. 

Treat them as partners and grow your businesses together

Finding a way to "STR" a hotel can be a great business opportunity.

Why not just implement a Ratio Utility Billing System, put it into the leases and bill the tenants off your current meter setup?

Curious - please elaborate.Unless the major businesses in the DFW fold and collapse, I would be interested in hearing why you feel DFW, independent to any other Metroplex would 'decline significantly'. thank you in advance for your candor.

Even PriceLabs specifically indicates that they are not able to capture data from direct bookings from vacation rental company websites.5) There are a lot of "pundits" currently proliferating various analyses based on a small window of data fluctuation: those who got into the business in 2020 and are now drawing various conclusions based on a very short time span.

Would a local commercial banker or business banker be able to help?