@Tonio PearceYes you should create a business plan.

For example, with 5% inflation, a $100 basket of goods today will cost $162 in ten years.

The mistake could be costly.

- Run a cost segregation study on this property in 2024 and you might have $100k on line 18...Without diving too deep on this post - If you run this scenario as a real estate professional while materially participating in the property, You'll be able to reduce your's and your spouses taxable income that year... 

Consider both the financial cost and the time commitment.Have I researched the program?

It's probably best to have them pay out of pocket for a smaller cost like this.

Although we try to limit our Hard Money as much as possible due to the cost.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

You didn't mention the higher Florida insurance costs. 

It's been extremely underwhelming, not that costly but it's pretty bad.