I didn't like QB because it isn't specifically for real estate.

We'll see what occurs this coming year and how it will affect real estate.

I, too, shifted from working with adolescents and young adults to getting into Real Estate... in hindsight, that past experience has helped me in this field, and I believe it will help you as well.2 things I recommend for new BP members in your position:- Use the search feature to find people and topics of interest.

A STR is both a business and a real estate investment.Having little oversight on a newly formed business would make me anxious also.As others have suggested, you should consider going to the area for the initial items(Purchase, renovation, etc).Once you buy 1-2 properties, you can look to unload these items to someone else.Best of luck

You could be a private investor for a house flipper, but then you would be the bank and I am not sure how that would sit with your faith.I would park the money in index funds if you can't do syndications just because you are restricting the possible use of your money in real estate.

Normally, it's offered to the other partners first and they can either both buy it to equalize the partnership or maybe one can buy it to take percentage ownership.I think you could handle this through a real estate attorney easily.

People they have existing relationships with and that trust them and want to support this new venture.I am going to disagree with Corby a bit.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Benefit from Continued Appreciation: Real estate in Austin and San Antonio has shown robust appreciation over the years.

However, over the last 20 years there have been some favorable plms and rev rulings (particularly surrounding trusts) that owning a membership in an entity and converting that to tic still equated to the same level of ownership.