For asset protection, LLCs are over-hyped - you just need good insurance.Set up correctly, an LLC may give you decent anonymity, so tenants don't know you're the owner and can't track you down to retaliate (happened to my manager). 

I knew it was a unique real estate market .. but sadly all the risks I evaluated were correct.

But hopefully it sells quick this time around.As far as Owner Finance, I have tried a few times but not sure if I am structuring it correctly.

A couple of things in regards to saving on taxes by utilizing depreciation correctly.

Hey @Travis Biziorek, Correct, I currently have the property listed on Airbnb (STR) and Furnished Finder (MTR).

maybe only be extra $40,000 to build open loft... and I would guess I could possibly charge $2000/mo rent, not sure>>***I was kinda crunching numbers...if I'm estimating it correctly it will take me over 4.5 to 6.5 years in excess rent to make up the cost of building the private loft.....does that seem worth the extra loft cost?

This is definitely not correct. 

Your current CPA is correct.

The contract should have outlined the amount of earnest money you deliver.I actually have a buyers agent representing me, but still everything needs to be done ASAP and the sales rep is trying to push him aside and communicate directly with me.

Great episode with Florida commercial real estate developer Joshua Pardue! Check it out on Spotify