You could then essentially market those deals before you market them on the mls(even though you would eventually put it on the mls), still bringing your buyers "off market" deals.

If you figure $995/mo for 2 bed and $695/mo for 1 bed, that's $3680 per month gross revenue at 100% occupancy.  

Not sure they are still doing it as the market has changed a bit.It's my experience that pet rent also discourages multiple pets and essentially rules out those folks with a pack.

This essentially doubles the time to get a property back for a lease violation.

From my understanding an LLC would essentially create a corporate veil and restrict my taxation to up to 35%.

The crazy thing about non-profit or community hospitals is that they focus on revenue instead of profit.  

Saturdays and sundays for our cleaners are super busy so need to coordinate based on schedule.Our turn for back to back bookings is 4 hours 11am checkout 3pm checkin  (4 hours despite unit size, larger units need bigger crews) Lost revenue and possibly lost bookings if you cannot coordinate all the time people need.Mulitples of everything, sheet protectors and all.

it can still be done but you need to really be sharp .... and of course its harder now that the Japanese export log went from 1200 MBF to 700MBF.. not as much gross revenue per acre as the good ole days.

I've made a decent living over my brief investing career in Austin, but I've warned many out of state investors to the same thing that @Jay Hinrichs mentioned, which is that we have no state income tax here, which means that our property taxes are astronomical to make up for it.If you live here, it's immaterial, but if you live in a state with income tax, you're essentially getting taxed twice (and yes, I'm aware of (some) of the complexities of cross-state earnings and how they're taxed).

Having the right broker support that aligns with what you are trying to achieve is essential.