Florida tends to incentivize businesses (tax breaks) and individuals (no state income tax) to move there so it checked that box for me. 

The individuals that broke in did the following:    a.

@David Willis Hi David,Congratulations on the opportunity to acquire such a substantial SFR portfolio!

It shows individual gains and ROI over a 30-year period, which helps identify which factors provide the highest returns and make informed investment decisions.In your case, even if you're not cash-flowing in the first year, since the negative cash flow is minimal, I’d still go for it.

Moving to an LLC will help going forward to show the property is owned by an LLC rather than you individually.

I did see some new builds in south side last time i was there but they were non profits building them they are the only ones that can do this in areas were existing sells for substantially lower than new builds..

We partner with individuals who want to start their own Assisted Living Mansion.

However I recommend speaking with your accountant/tax advisor before making this determination as this may differ depending on the individual and their objectives. 

However, if you prefer to make a single payment due to cash flow considerations, that can also work well, especially if you can make it substantial. 

It is always great to meet like minded individuals.