@Abid R.The entity structure normally depends on how much money will be generated by the entity, the entity type of the investors(individuals, exempt organizations, foreigners, etc), allocation split amongst the investors, etc.I think REIT is prolly overkill - but you should discuss with an accountant if an LLC or corp is best suited for you.

Well, a Media Production degree, a certificate in Drafting & Design, and 4 years into my career at a local but major media producer, and I don't feel any closer to those goals. 

Here in America we tend to be heavily effected by media and entertainment, both of which are still portraying "trailer parks" in a very negative manner.

. - Go over finances and organize documentation for the loan approval process. - Establish Property Criteria for local Fix & Flips- Ask the contractor (old mentor) for advice for my next steps when walking a property.

Small problems in small communities can quickly become big ones due to loud mouths on social media, etc.   

Here is a link.https://www.fanniemae.com/portal/media/corporate-news/2020/covid-payment-deferral-7018.htmlThis way you prevented the seller from completely losing everything and you just got a good deal on the property while being protected.

With my lack of experience talking on the phone, I would have forced the conversation and it wouldn't have been nearly as organic as it ended up.

Absolutely get a website and a some social media (business page on FB and LinkedIn) because its inexpensive and you want people to be able to easily find you online when they look for you

Common enough in O/G development between drillers/operators/field services/refineries.And you should familiarize yourself with the Texas Business Organizations Code. 

Etc.3) If the pre-screening goes well, I’ll invite all interested parties to an open house to come tour the property and ask questions.4) Have all remaining interested and qualified parties fill out the rental application on Cozy.5) Review applications in the order they were received and do my due diligence as in calling and verifying employment, calling previous landlords, seeing if I can find them on social media, etc.6) If application and due diligence checks out, I’ll send over the invitation via Cozy for the tenant to pay for their own credit and background check and send that over to me.