Communication will be huge when getting connected to a large asset.

I'm now ready to dive back in....correctly. 

@Sean Walton has the premise correct. 

And they're also correct about the difficulty in obtaining either without current income.

When an entity is structured correctly you’ll be able to qualify for deep tax deductions against your w2 income through the business combination structure ( A structure that qualifies an individual for deep tax deductions) 

Those numbers do not seem correct, unless you are using terms like loan amount of $104,000 is the unpaid principal balance (which is the amount that accrues interest), and the $270,000 is the total payoff.There are two components to a mortgage statement - the first is the reinstatement amount - this is the amount to bring the loan current.

RachaelHey Rachel,you’re correct, if you’ve run your numbers the conclusion to drop the beachfront condo idea in favor of an SFR in unincorporated parts of Pinellas county is the way to go.

It’s where and how accents are created  New Yorkers and Texans speaks much differently than a Californian If possibles, when communicating with a prospect try and Match their accent. 

I have an IRA/SDIRA and stocks/bonds increase in value, the balance goes up each year (minus the mandatory SEPP payments) correct?

You'll need a trusted team on the ground, you'll need communication and transparency.