You didn't mention the higher Florida insurance costs. 

This designation doesn’t cost extra or give the manager access to insurance payouts but ensures you and the property manager are aligned during incidents, such as tenant lawsuits or insurance claims.

Is there an easy way to divide the basement up? Each side of the duplex has access to the basement but below everything is connected together and I want to make sure no side has access to each other. The way I can ima...

The seller's LLC pays capital gains tax and depreciation recapture, while the buyer's LLC uses the purchase price as the new cost basis.

(So unless they sell for much more than they paid they will only get a small percent of their down back, especially after selling costs,) but you did say they were getting a discount.

I invest primarily in a lower cost area but also own property in, and am looking in, a higher cost area.

If you don't want to finance the other projects then you should consider your opportunity costs.   

Specifically, the cost to have it corrected is now a known material fact. 

If you get cat urine in the house, it can cost you 10x the pet fee to mitigate the odor.

In southern CA, even garage conversion ADU additions are typically costing more than the value added.