Keep in mind that you'll need to qualify full doc (DTI, employment history and income will all come into play) and the property typically needs to be titled to yur personal name, not an entity. 

Connecting with like-minded individuals can be invaluable.

One thing to keep in mind is that in some markets, including mine, you cannot segregate against Section 8 renters. 

I don't mind being more hands-on managing the properties at first if it means better cash flow until I can refi.

They understand that there's value in what they provide, which is steady, documented income, minimal turnover, steady payment, quality references, no drama, and peace of mind.

Depending on how much you'll like to contribute to this retirement account keep in mind the self employment taxes you may need to pay of 15.3% and age if contributing to a traditional not roth type retirement account.I agree with the above based on your answer you most likely won't have issues in FL.

My experience shows it cost way more than 5K in marketing per contract and The close ratio is less than 50% due to title issues or a seller changing their mind and/or being difficult ect.I believe it, it was just an example. 

You have to start with your long term goal in mind.

Keep in mind the area surround Temple University has a zoning overlay that limits density beyond what the same zoning classifications allow in other areas of Philadelphia.

I have only one EIN for the parent LLC.Hey Turgut,If you don't mind DM'ing what bank you used.