There are so many moving parts involved in vacation rentals....more people, in and out of your property every week or few days...people on vacation like to party more, so drinking and running around doing dumb stuff.

Instead, you've got a couple of options:1) Keep it in your names for the exchange, then move it into an LLC later.

Buying a condo in Treasure Island could be a great move, but be sure you're prepared for the next hurricane.

If you bring it to their attention, they might move it to auction faster.Go direct to the owner – If they’ve been sitting on unpaid taxes for years but haven’t been foreclosed on yet, they’re probably in some kind of financial distress.

Give them a couple of options, they already know the unit got foreclosed, most people move to avoid the hassle. 

Because of where interest rates are at—and how slow everything is moving—we basically made a "take it or leave it" deal.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

Uncontested foreclosures move faster.Also - call the lender and apply for loan mod/forbearance etc.

The market between the 2 locations & resident class (Especially if you plan to self mange or find a PM company), Your future goals and the costs associated with moving and transferring to a new hospital. 

Transfer Fees or Property Tax Reassessment Some states impose a transfer tax or reset the property tax basis when property ownership is moved into an LLC.