Under the PAL limitation, only passive losses can offset passive income.

You'll typically need to set up your account and get familiar with the process of working with the local housing authority.

If you have a road maintained by the HOA then set aside for that in reserves. 

My LLC in this project is set up as an S-corp.Thank you for listening and any color would be greatly appreciated. 

Do you have money set aside?

miami dade county has more people moving to it than many cities and very limited land.https://comreal.com/two-reports-highlight-miami-as-a-top-gro...miami has been appreciating and at double Floridas rate. you can't put the two in the same category it's not even close. same with Broward or west palm beach you can't lump them in. 3 totally different markets. https://www.sun-sentinel.com/2024/12/13/florida-housing-mark...my home city in columbus also has similar stats but I doubt that miami is a buyer's market my friend I'm sorry.

Quote from @Sam Evrard: How do you go about finding areas to invest in with limited capital? 

Give yourself 5-10 years and you’ll be set.

Do you offer 80% LTV on the full appraised value or is it limited to purchase price + repairs completed? 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.