I'm the expert after all  yep, MTR is his specialty.

This could be a useful strategy if you need more time to negotiate a good price for your current property.Exploring Financing Options: Given the higher interest rates in 2024, securing financing for your replacement property can be a challenge.

No security deposit either. 

Wanted to know if it's possible to send a tenant to collections after a move out/ evictions for additional charges the security deposit didn't cover.

He is an expert in the short-term rental space, is an investor himself, run's a STR property management company, and is also one of the best realtors that I know that can provide you with solid guidance when it comes to making investments in the Tampa area.

Additionally, unrelated business income tax (UBIT) might apply if your property is financed.One option to consider is partnering funds from multiple accounts or other individuals to share in the investment, which may avoid the need for difficult-to-secure non-recourse financing.

I suggest pairing the podcasts and forums with @Jorge Vazquez's Property Profit Academy and you will be an expert in no time! 

Just trying to find out how to secure remaining 20% for seller

You need to look for a Securities Attorney (not a real estate attorney)As @John Sayers mentioned, you can get ownership with a GP by doing other things, like bringing the deal, asset management, data research, etc.

Sorry not an expert in the padsplit model but did you analyze what it would bring in as a whole home rental?