For someone focused on quick flips or shorter holding periods, paying a slightly higher rate for flexibility might make more sense.

K-1 losses, generated through depreciation and cost segregation, can often offset distributions during the hold period, minimizing taxable income.

I'm curious to know how often property managers actively suggest value-add activities for properties (ie, building an ADU, remodeling, buy-fix-hold opportunities etc etc). 

I can build a 1,000 sq ft cabin including land  and holding costs for about 350k or so and the cabin will appraise out for about 500k to 525k and will produce gross rents in year 2 between 50k to 60k.

Quote from @Max Nathan: looking for a cash flowing rental that I can buy and hold is why im not looking in miami.

I really feel this financing situation is holding me back from going and finding a deal.

Does it make sense to start an LLC to hold my properties, and what are the pros and cons?

Let me repeat, there are not WORSE audiences than these.

Maybe you can expand on what kind of properties and price points you're targeting, buy & hold vs Flip vs MTR etc?

RINSE and REPEAT.