According to the Texas Business Commerce Code (TBCC) Section 1.201(b)(27), Legislators defined Texas series LLC as a legal “person.”

I think the actual settings will vary if you are managing directly on platform or using third party softwares, etc.As mentioned above I think risking going vacant over a major holiday will outweight the extra housekeeping cost.Also, I am not sure how much volume you are doing but do not pay cleaners extra for holidays. 

Real estate is a pretty efficiently priced asset class...the only reason that a seller would sell below ARV with enough of a spread for you to be in it for 75% of said ARV would be if it's a disaster and they have no other options.

When you assume a loan there is no way to get "Cash out" unless you are going to pay off the wife an agreed share. 

She no longer needs to use the full house and could use some income.

I agree with what others wrote except Kevin's comment about a tenant can destroy a house after 28 years and there is no cost.

And it's not likely to get bad because there are no metropolises here that pass those kinds of laws.

I think that you have no clue about what it takes to run a business nor should you attempt it.

At $200,000 an acre for flat zoned RM with no entitlements to $350-400K per acre with.  

The landowner informed us that there is a no legal easement to our property, and we could possibly be land locked.