But an equity position is not recommended unless they own the dirt or bring some other kind of value. 

With any kind of long term investment (especially real estate) TIME is huge force.

Exiting apartments sell for 175 to 500 a unit on the open market with 200 to 250 being kind of the median. and rents on the 200 a unit range about 1400 to 1800 

@Mitchell Litam thank you for the kind words.

Definitely understand - its a challenging market right now for rates and getting purchases to cash flowWhat kind of down payment are you looking at? 

Would be nice to know a local GC here in the Tampa area that's seasoned in that kind of a task!

., whatever) it pops up another offer right on your face (meaning, they keep trying you to whatever cross selling, it is really a simple sales tactic, a psychological trigger to urge you to a decision to buy something). 3) Close the damned pop up, scroll down to the bottom of the page, and check anything on the footer that says "Privacy Notice - Terms of Use - Disclaimer" (It will be active and linked to another page, if it is underscored on hover of your mouse) - I went for the sweet "Terms of Use" - this is either a bought or internet stolen general legal terms twisted a little to fit their business verbiage façade (but you will see many errors of any kind), and here is the thing: legitimate businesses are really verifiable, and provide legitimate links!

You did the hardest thing, which is simply buying that first one.I may be biased (no, I'm definitely biased) but @Erin Spradlin is kind of what you're looking for in terms of hand-holding.

I assume I need Landlord Insurance or some kind of Liability Insurance for the LLC itself? 

Since my tax guy is of no use, I reached out to a friend who works for a different tax group/CPA and this new firm was kind enough to look into my predicament.