ES is a cheap option but Ok.

A cheap home has gone from low 100’s to low 400’s in Vegas.

They are not cheap, though, and I think you are better off building a unique cabin that has clear, equitable value while also being a cashflow cow.

My out-of-state clients love it here because the deals are at a very cheap price point - $120k-$180k, and still meet the 1% rule, are positive cash flowing, and have lots of appreciation potential.

Or should we get some cheap plans drawn up first?

Cash-flowing rentals in Florida right now are tough overall, so you won't pull up places for sale in the greater Orlando area, throw a dart at the metaphorical board, and find a property that easily cash flows.

An LLC is cheap and does offer protection.

If you just want to throw out a general amount for safety, I would say 15k, but there is a lot of good advice above on how to judge it.

The projects that are going up are built with less than qualified help, cheap materials and rushed to the point of poor craftsmanship all around.

You can probably "find a guy" for cheap but they will spray everything (blow and go) and cut corners.