Plus, compared to other parts of Florida, the Panhandle is still relatively affordable, making it a great option for first-time investors or those looking to diversify their portfolio.Another huge perk is Florida’s no state income tax and landlord-friendly laws, which make it easier to manage and profit from rental properties.

Properties below this threshold present additional risks and more limited borrowing options.7.

If you’re leaning toward an LLC, I can recommend some local options to help set it up.

In this thread, you repeatedly highlight the IRS position that a Husband-Wife LLC does NOT have an option to file as a Qualified Joint Venture (QJV) and must therefore file a partnership return.

You want a property that has the highest probability of maxing out on appreciation.Once done, you would want to explore the options below to maximize your rental income:- STR- MTR- Rent by RoomYou should go into this understanding YOU will live in the worst unit - in an illegal unit in the basement if you can!

I am wanting to make sure I will be working with a title company that is familiar with wholesale assignment contracts, seller financing, lease with an option to purchase and possibly sandwich leasees with an option to purchase.

If that's not an option, hire an attorney and evict her. 

I would just be careful hopping back in now as interest rates and low inventory are making it very difficult if you aren't finding your own off-market options to buy.

Difficult to defend places -- hillsides with limited transportation options, etc. -- won't be allowed to rebuild at all.

You may also need to provide additional documentation, such as proof of income and employment, and may need to have a co-signer who is a U.S. citizen or permanent resident.In terms of buying with an LLC, it can be a good option for some foreign buyers, as it can provide additional liability protection and potentially offer tax benefits.