Additonally, the rents are very much under market and so I plan on raising the rents $75-100 (and they will still be under market by about $100-150 even after the increase).

There are a ton of STR listings, more than half the town. 

They're planning to relaunch in the future, and I look forward to what they have to offer.Since Landa's inception, there are other companies offering similar business model of investment.

@Chris Papa if your plan is to flip properties, most hard money lenders in Texas will require that the properties be purchased in an entity. 

About the Mentoring program I'm planning to have a Free Mentorship Program you could follow me on socials @jacopoiasiello :)

I suppose the lesson for me here is to validate across several sources, and to actually visit the area the area I'm planning to buy property in.

I’d do the same deal but own 2/3rds if my partner can’t afford to come up with half.

What improvements have been done on the building in the past 2-5-10 years, and are there any plans for improvements that will eventually increase the HOA?

This was a half-finished subdivision from the late 80s with middle to upper-middle class homes - the residents had a lien against the former developer who went bankrupt and left the road in state of disrepair (never done the correct way)...so 10 years bankrupt...I bought it from the town for backtaxes and agreement to build new road.3.

Fold it in half and put it in your pocket.