Ideally, and our thinking is, that if we keep as much money in our pocket every month we will have more money to immediately target and get rid of any other existing debt (very low balances on two auto loans and student loans that we could wipe out quickly) while also putting more money towards savings and other investments.

I think this is icing on the cake.If I were you, next steps would be:- Identify where you want to target in Florida- Once you've found an area or region, find some well reviewed realtors in the area and share your goal with them.

I'm currently Reading "How to invest in Real Estate the Ultimate Beginner's Guide to getting Started" by Brandon Turner and when i"m finished i'll be purchasing "Long-Distance Real Estate Investing: How to buy, Rehab and Manage Out-of-State Rental Properties" by David Greene.I have never done any investments in my life but one can only assume doing this as a Foreign Investor is a little more difficult than being a local one but i'm sure this can be done with a strong team and the more knowledge and strategies come my way the better.I plan to buy and hold (Multi Family preferred) first in Philadelphia, PA because i have family there so figured it may be a little easier to start before i eventually branch out in the future to other states.From the podcasts, webinars and from what I've seen reading some forum posts i can tell this is an awesome community so any knowledge, strategies and words of wisdom is highly appreciated.Looking forward to your reply.Thank you.

It’d be a lot easier for both of you. 

I know a few of these mom pop shops throughout Indy ( rural) At that point it seems easier to find a private lender and with these numbers that's probably the best way to go.

It is always easier buying something that is already fixed up, but you create real wealth when you can find a property that you can create equity.

From what I have read, I think it's a bit easier to get financing if you put your first deal /few deals under your own personal name.

No, however it's easier for tax reporting if it's going to be used for 100% business purposes.If mixed use, generally it's better to keep in the name of the individual. 

Interesting chart, hopefully this comes out a little easier to read.

It is so much easier to work with, and you don't "strike out" as often.