Those extra steps catch fraud, false documents, and applicants who might otherwise slip through.In short, don’t just “check the box” because a package looks convenient—make sure the data behind it is accurate, current, and reviewed by people who understand housing compliance.

As I understand it, you can operate as a STR first, take the benefits, the transition to MTR later. 

Whether you're aiming to invest in properties, secure passive income, or simply expand your knowledge, understanding your objectives can significantly guide your journey.

Yes, I understand it's what we had, for years, but that does not change the fact it was not normal. 

From what I understand, the annual gift tax excludes $18K per person (2025 limit), and anything above that either gets reported against her lifetime estate/gift exemption or requires some additional planning.I’m trying to figure out the most tax-efficient and practical strategy here.

Although I am not currently pursuing one, as I understand they can be fairly pricey, I was wondering if anyone had any experience purchasing or selling a TIC and if so, did you use it to continue deferring your capital gains since, if done correctly, it is my understanding a TIC can be used with a 1031 exchange.

Unless you use a broker who specializes in campgrounds and understands how they work, you are likely wasting your time/money.

Of course I understand there is no such thing to be investing completely safe but I want to mitigate some risks. 

They should also do a better job of reading & understanding management agreements (actually contracts!).

I believe in working hard, being honest, and building win-win relationships.I’d love to hear from investors in Central Texas about what types of properties you’re looking for, so I can better understand how to bring value.