Imagine the 2nd property is a 4plex, each unit can be rented $1500/unit of 75% =$1125 x 4 units =$4500 worth of income to offset your that 2nd property.

I can't imagine what would make anyone put their money into one of these things.

I imagined this place is for people to share knowledge and connect and that is what I attempted to do so. 

In a similar fashion, if you can imagine how much landscaping and underground infrastructure is in a golf course as compared to the clubhouse, that will give an indication of why an extremely high percentage of the property's value is allocated to the land improvements.

@Patrick HancockI have one per state for my rental property, I only have one property in each but as we acquire more I imagine we will try to keep it that way, unless we get to the point where there is too much equity in the properties within each LLC at which point I would probably form another LLC.

Imagine that ;-) And that ended up in lawsuits.

However, you do have to put in work and imagination, the days of sticking up some posters and buying a Mickey Mouse comforter at Walmart are long gone.

Tampa won’t really cashflow much it seems after looking at a lot of deals out there, but I imagine appreciation will be significant and consistent there.

If the economy doesn’t turn around, I would imagine things will get worse with rising saturation in this market.  

The plan would be to partner with local hospitals, insurance agencies, businesses, etc. and incorporate great amenities, where I would imagine I could make a better return, but that's where I'm struggling to determine how much better than listings in Furnished Finder.