It was a great property when it was sold, with multiple offers over asking price.

Because of the protections an LLC offers in this space, I'd simply say my non-expert opinion would be to spend a little extra to make a separate LLC for this new home, for the legal protections & to make your taxes less of a headache for you.

It is to my understanding that Nevada offers reciprocity on a Texas real estate license.

Let's say a seller is willing to take a seller finance offer on their property.

A hard money loan could facilitate your fix-and-flip project, offering quick funding despite potentially higher interest rates and shorter terms.

I thought at this point in time it might make more sense to start investing in RE projects that can offer above average returns ( 10+% p.a.) with relatively low LTV's and first lien positions. 

Nevada, with cities like Las Vegas and Reno, offers a tourism-driven economy, ideal for vacation rentals, but be sure to research regulations on short-term rentals.

Selling the property offers a significant cash sum, enabling you to potentially diversify your STR portfolio by purchasing multiple properties outright, fostering a more passive income stream.

I am eager to connect with all of you and learn from your experiences and insights.I am open to any advice or suggestions you may have to offer.

Hi Toya,One of my RE lawyers, Dennis Ansong, is a great resource to have for all of your RE needs.