Both tenants are on modified gross and believe that they are not financially responsible for the repairs needed in their space because it was not their fault. 

I have the financial resources, time, and motivation, but I lack experience in the Florida market.

With our three banks I could call them today, tell them the situation you stated,  send them the projected financials.  

Feel free to reach out if you have any questions or want to discuss your plans.Welcome home to BiggerPockets, and best of luck on your path to financial freedom!

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

The financial model does not work long-term. 

If you’re short on experience or financials, bringing in a sponsor with a strong balance sheet and track record can make all the difference.

I am not really a fan of the program because we have a very nice situation in our current home.Putting 20% down for a conventional loan is a steep task financially so I do not think that is an option plus I have been told by many of my friends with multiple MF homes to never use your own money to get into one.Then there is always using the equity we have built up in this current MF home we live in to purchase the next - I am not sure how that works but have done some research on home equity loans and believe that would be another option.Any advice would be greatly appreciated!

It's a big step but will surely move you forward in your journey for financial independence. 

Hey @David Cherkowsky, I'm not sure how much vetting you did for the tax pro you found on BP but I'd recommend getting referrals for such an important position on your financial team.