What are the pros and cons of each, and which offers the least restrictions, flexibility and cost savings for my intended purposes?

Hire an attorney to handle this, or it'll cost more and take longer than necessary.

(after I deduct all the labor/material costs). 

I manage 400 rentals and the most significant claim ever filed was a kitchen fire that cost $20,000.

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This post has nothing to do with cost segs.

I want to know is it more cost effective or easier to purchase the property alone and put it in a mortgage in our name or purchase the LLC from him that holds the property within it.

I think it was for down payment and closing costs.

Southwest Florida is definitely an exciting (but competitive) market, so props to you for diving in!

What is occupancy and rate and how does that compare to your competition?