Just google the following: - special assessment - zombie condos - Florida condos (look for recent news)Since you are not living near the properties anyways, why not look in a landlord friendly state where the purchase prices are lower?

We feel this encourages/trains good payment behavior:)We have several MoveIn Specials owners can approve like, free TV, Washer or Dryer (used), etc.Our main goal with MoveIn Specials is to stand out from our competition. - Just lowering the rent really doesn't do that.

I recommend finding an accountant who specializes in planning.

If you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a speciality trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.Can I contribute to both a Solo 401k and SDIRA?

You’re going to have to find a specialized function that can’t be farmed out to the Philippines in the $5-$10/hr range.

Also Condos are dealing with high special assessments.

Many properties will need specialized attention, especially with plumbing, electrical, and historical elements. 

If anyone has listings or is a realtor that specializes in these types of properties, please reach out!

It is a special policy.

I work for an investment brokerage that specializes in acquiring and selling great real estate investment opportunities.