I met an investor from  San Francisco, California  thru bigger pockets a year prior, but during that time we talked on multiple occasions discussing locations, levels of rehab, and overall getting to know each other.

Taxes is one unaccounted liability for sure, I've also not accounted for occasions where a foreclosure occurs either.

With relatively small amounts disbursed per deal, these lenders can typically withstand getting wiped out on occasion.

I've worked with Janice Lee on several occasions.

This has happened to me on occasion. 

On other occasions, it is also possible that the prior owner appealed the former tax assessment to get a lower value.

I approached him on numerous occasions about selling, he believes we won't be able to get a fair offer.I also offered to have my attorney write up an agreement for my share of rents to be paid for 2 years + my monthly payment for the difference for his agreement (signature) on a $25-$30K equity loan.His reaction was he doesn't feel comfortable with it.I'm really feeling that we need to go our separate ways with him buying me out for a fair price.We just can't agree, fundamentally, on hardly anything

I’m looking to get started in and around Orlando as I travel there for work on occasion.

I have had the advice to buy properties through an LLC in the past on many occasions. 

And if disaster should strike, you may find you need more extensive work on occasion.