Fund closes Q2 2026  ·  Limited capacity remaining

Institutional STR returns.
Without the institution.

Tax-optimized short-term rentals across DFW — the #1 U.S. real estate market. Fully managed. Built for accredited investors who want 20% annualized returns — and a Year 1 K-1 that offsets more than your full investment in tax savings alone.

20%
Annualized
Return
$1.04M
Year 1 Tax
Benefit
$10K
Live Property
Revenue
138%
7-Year
Total ROI
Soft Commitments
Loading... $10M fund target
Fund closes Q2 2026
Early investors get priority property selection before the FIFA 2026 demand window opens
FIFA World Cup 2026 — Dallas host city
5 matches in DFW — a once-in-a-generation STR demand spike built into the fund timeline

Get the Offering Memorandum

Enter your details — we'll send the full PPM and financial model within 24 hours.

Secure & private No obligation No spam
What you'll receive:
Full Private Placement Memorandum
7-year financial model & projections
30-min strategy call with Tyler

The short-term rental market is
mispriced. We exploit it.

Individual operators lack the data, legal infrastructure, and management systems to extract full value. DSREP brings institutional rigor to an inefficient market.

01 — DATA MOAT

Proprietary Market Intelligence

Our platform ingests AirDNA, operational data, and custom scrapers to underwrite every acquisition. Natural language queries, automated alerts, and real-time comp analysis give us an information advantage no individual operator can match.

$11.35M competitive edge over 7 years
02 — STRUCTURAL ADVANTAGE

Tax Architecture That Works

The 7-day rule reclassifies STR income as active, not passive. Fund members receive K-1 losses that offset W-2 income from Day 1 — no personal hours required. Paired with 100% bonus depreciation and cost segregation, year-one tax benefits reach 10.4% of invested capital.

10.4% year 1 tax benefit on $10M fund
03 — MARKET TIMING

Dallas Is the #1 Market. Period.

PwC and Urban Land Institute ranked DFW the #1 real estate market in 2026 — for the second consecutive year. 8.29M metro population, 100 corporate HQ relocations since 2018, zero state income tax, and favorable STR regulation with an injunction blocking bans.

100 corporate HQ relocations since 2018
04 — OPERATIONAL ALPHA

We Don't Outsource. We Automate.

Partnered with an established STR management company, we run 12% management costs versus the industry standard 20-25%. Smart locks, dynamic pricing, automated guest comms, and in-house maintenance capture margin that competitors leave on the table.

12% management cost vs. 25% industry avg

The numbers speak for themselves.

Base case projections built on conservative underwriting. No fairy dust. No hopium.

$13.8M
Total 7-Year Return
On $10M deployed capital
Base case at 50% LTV
43
Properties at Maturity
Starting with 13 all-cash acquisitions
Scale via cash-out refinance
+$911
Monthly CF Per Property
After debt service
Cash flow positive every property

DSREP Fund

Recommended
Annualized Return 19.8%
Year 1 Tax Benefit $1,042,301
Investor Time Required 0 hours
Legal Risk Exposure Managed

S&P 500 Index

Benchmark
Annualized Return 10.5%
Year 1 Tax Benefit $0
Investor Time Required 0 hours
Legal Risk Exposure Market
How It Works

You invest. We build the machine.

A fully managed path from capital commitment to tax-optimized returns.

01

Qualify & Commit

Schedule a call with our team. We verify accredited status, walk through the offering memorandum, and align on investment timeline. $50K minimum. Reg D 506(c) compliant.

02

We Deploy Capital

Year 1: acquire 13 properties at ~$720K each, all-cash. No debt service. Capture full NOI and $1.04M in tax savings via 100% bonus depreciation and cost segregation.

03

Scale & Compound

Year 2+: cash-out refi at 50% LTV, unlocking $4.7M to acquire more properties. By Year 7, the portfolio grows to 43+ properties generating $8,500+/mo revenue each.

Your K-1 arrives ready to use.
No hours. No logs. No risk.

$1.04M
Year 1 tax benefit flows directly to members as K-1 losses that offset W-2 income
100%

Bonus Depreciation

Restored under 2025 tax law. Accelerate the entire depreciable basis in Year 1.

Active

7-Day Rule

Average stay under 7 days reclassifies income as non-passive. Losses offset W-2.

23%

QBI Deduction

Qualified Business Income deduction increased to 23% under current legislation.

$0

State Tax

Texas has no state income tax. Zero additional drag on fund distributions.

Why Dallas. Why now.

Every macro indicator points to DFW. We're not guessing — we're following the data.

8.29M
Metro Population
100
HQ Relocations
40-50K
Jobs Added / Year
0%
State Income Tax

PwC and Urban Land Institute ranked DFW the #1 real estate market to watch in 2026 — for the second consecutive year. STR regulation is favorable with an active ban injunction, FIFA 2026 creates a once-in-a-generation demand catalyst, and median home prices sit at ~$419K versus $450K+ in Austin and $600K+ in Miami. The combination of macro fundamentals, favorable regulation, and demand catalysts doesn't exist anywhere else.

Why DSREP

Built different. On purpose.

Every part of the fund is designed to extract maximum risk-adjusted return.

⚖️

Legal Infrastructure

Board-certified real estate attorney reviews every acquisition for deed restrictions, zoning overlays, HOA enforcement risk, and title defects before close.

📊

Data-Driven Underwriting

Proprietary intelligence platform with natural language queries, automated comp alerts, and real-time market pricing. We know the ADR before the listing agent does.

🏠

Amenity Alpha

4BR + pool + hot tub + sauna. Only 14% of Dallas 4BR listings carry the full amenity stack. That scarcity drives a 42% ADR premium and an 8.4-month hot tub payback.

🔐

Conservative Leverage

50% LTV base case. Every property cash-flow positive at 1.43x DSCR. We use debt to scale, not to survive. The fund performs even if occupancy drops 15%.

Operational Edge

Smart locks, dynamic pricing engines, automated guest communications, and in-house maintenance. 12% management cost versus the 25% industry standard.

🎯

Proof of Concept

Our flagship property at 1010 Mobile Street generates $10,000/month — a 6.9% NOI yield operating today. This isn't theoretical. The model is live.

Intelligence that outpaces
the market.

Every other fund manager is flying blind with spreadsheets. We built a proprietary, AI-powered command center that monitors every competitor, flags every acquisition, and optimizes every price — in real time.

  • Fund Command Center — Live KPIs, cash flow waterfall, and Rev vs. Budget in one view
  • Competitor Intelligence — Tracks every Dallas 4BR on Airbnb, flags pricing gaps in real time
  • Acquisition Pipeline — Underwriting models and score cards for every target property
  • AI Query Engine — Ask "Which Uptown comps haven't booked in 7 days?" and get an instant answer
  • Demand Forecasting — 90-day occupancy forecast with event-driven spikes (FIFA 2026 counted)
  • Revenue Optimizer — Dynamic pricing recommendations with one-click application
8
Live Screens
24/7
Live Market Data
AI
NLQ Query Engine
100%
Custom-Built
🔒 dsrep.com/platform — Fund Command Center
Live Platform Demo

This isn't theoretical.
It's earning right now.

Our flagship property at 1010 Mobile Street, Dallas — live, booked, generating $10,000/month. Not a projection. An operational asset you can verify on Airbnb today.

$10K
Monthly Revenue
6.9%
NOI Yield
4BR
Pool · Hot Tub · Sauna · Rooftop

Every fund acquisition targets this profile — or higher.

1010 Mobile Street — Dallas flagship STR
Live · Earning Now

You're investing with someone
who has skin in the game.

The General Partner is a Dallas-based real estate operator with a decade of experience in private markets capital formation — having personally led $75M in capital raises across 50+ private market offerings for accredited investors. He doesn't just manage this fund. He owns and operates the flagship property himself, lives with the daily P&L, and built every legal, tax, and operational system from the ground up.

This isn't a theoretical fund built on spreadsheets. Every system — the AI underwriting platform, the 12% management structure, the cost segregation strategy — was stress-tested on a real operating asset before a single investor dollar was raised.

💼
$75M in Capital Raises
Personally led $75M in private market capital formation across 50+ offerings — understands accredited investor expectations, compliance, and capital structure at depth
⚖️
Board-Certified Legal Counsel
Lance Erickson, Manning & Meyers — board-certified real estate attorney reviews every acquisition for deed restrictions, zoning, HOA risk, and title defects
🏦
CPA & Tax Infrastructure
Mitchell Baldridge CPA — cost segregation studies, bonus depreciation structure, and K-1 architecture verified before fund launch
📍
Live Proof — 1010 Mobile Street, Dallas
Operating on Airbnb today. $10,000/month. 6.9% NOI yield. GP-owned and operated. Every fund system runs through this asset first

I built this fund because I couldn't find a single operator combining institutional legal infrastructure, real AI-powered underwriting, and a 12% management cost in the Dallas STR market. So I built it myself — and proved the model before raising a dollar.

General Partner, DSREP
Dallas Strategic Real Estate Partners
$75M
Capital raises led
50+
Private offerings
$0
Raised before proof

Common questions.

Can't find what you're looking for? Schedule a call and we'll walk through everything.

What is the minimum investment?

+

$50,000 minimum investment. The fund is structured as a Reg D 506(c) offering, which means all investors must be verified accredited investors as defined by the SEC.

How are returns distributed?

+

The fund distributes quarterly cash flow from rental operations. Tax benefits flow through annually via K-1 statements. At exit, capital is returned via refinance proceeds — a non-taxable event.

Do I need to log hours for the tax benefits?

+

No. The fund's GP handles material participation. Because the 7-day rule classifies STR income as non-passive and the LLC structure preserves member management rights, your K-1 losses arrive ready to offset W-2 income without any personal hour requirements.

What is the investment timeline?

+

The fund operates on a 7-year lifecycle. Year 1 is all-cash acquisition and stabilization. Year 2+ involves cash-out refinancing and portfolio scaling. Years 6-7 focus on harvest and exit via tax-free capital return through refinancing at market value.

What are the fees?

+

The fund charges a management fee aligned with institutional standards and a performance allocation above a preferred return hurdle. Full details are available in the Private Placement Memorandum provided during the qualification process.

What happens if STR regulations change?

+

We target regulation-resilient submarkets within Dallas — areas like Uptown, Deep Ellum, and Bishop Arts that have historically supported STR operations. Our legal counsel monitors regulatory developments, and our acquisition criteria includes zoning and regulatory risk assessment on every property.

Is this your first fund?

+

Yes — and that's a feature, not a bug. Here's why: the flagship property at 1010 Mobile Street is live and generating $10,000/month today. Every system in this fund — the underwriting platform, the 12% management structure, the cost segregation strategy, the legal infrastructure — was proven on a real operating asset before a single investor dollar was raised. There are no legacy bad deals on the books, no distracted GP managing five other funds, and every incentive is fully aligned. Early investors in a first fund with a proven GP and live proof of concept have historically outperformed later-vintage funds from the same manager.

What are the real risks?

+

We believe in transparency. Real risks include: (1) STR occupancy below 65% — mitigated by dynamic pricing and a conservative 55% underwriting assumption; (2) interest rate increases affecting refinance leverage — mitigated by all-cash Year 1 acquisitions with no debt service; (3) Dallas STR regulation changes — mitigated by targeting regulation-resilient mixed-use submarkets with board-certified legal counsel monitoring every development; (4) property-level capital expenditures — mitigated by acquisition criteria requiring properties under 5 years old. All investments carry risk including total loss of capital. Past performance is not indicative of future results.

What exactly are the fees?

+

The fund charges a 2% annual asset management fee on committed capital and a 20% performance allocation (carried interest) above an 8% preferred return hurdle rate. This means investors receive 100% of distributions until they've achieved an 8% annualized return — only then does the GP participate in profits. This structure is standard for institutional real estate funds and ensures GP incentives are fully aligned with investor returns. Full fee detail is in the Private Placement Memorandum.

Still reading? You belong in this fund.

You've seen the returns, the tax structure, the market data, and the live proof. The only question left is whether you're in.

$50K minimum · Accredited investors only · Reg D 506(c)