I am being advised by my realtor to evict him due to the fact that we are having to chase him every month with late notices and the recent delays in payment.1.

Seems to be a lot of moving pieces here but I'll start off with the fact that I would need to know more about the situation to thoroughly advise on what is going on.In a lease purchase agreement, you will not recognize capital gains until the property is actually sold.

I called a local real estate attorney and he advised against it.

So it’s in your best interest to maximize profits in the rental property and minimize profits in the property management company This is great advise.

@Rafael Ramos I would strongly advise staying away from condos especially in south Florida!

People smarter and more sophisticated than me in business law have advised that there are 1000 ways to pierce the shield of an LLC.  

My advise would be to get into that first job and give it a few months to make sure that you like it and are happy enough that you know you will want to stay for a couple of years.

Someone advised me to quit residential rental properties and focus on strip malls.

I generally advise my clients to skip properties that are near main street traffic or commercial buildings/stores.

I am not here to advise you as a I am not an investment advisor or financial advisor, but I will share some of my investing strategy.