Treating people like people doesn't mean you make the relationship personal as Nathan suggests and not all tenants will screw you over whenever it suits them.

Tampa has amazing growth potential and have personally witnessed @Josh Green work miracles for his clients.

If it is for liability protection, keep in mind to actually limit your liability means that any loans and insurance for the property need to properly be in the name of the LLC and not your personally.

Big banks and credit unions will look at a full DTI(personal income) while others will just look at the cashflow of the property.

So, any investments are on your personal taxes the same as if the property is owned by you personally.

If you know what you do and why you're doing it, there's no need for the bad and the ugly, which I personally haven't experienced.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

This meant I couldn’t pursue the driver personally and had to rely on their car insurance, which settled for $25K—their maximum coverage.Unfortunately, the crash added $77K in unexpected costs, including $41K in repairs and extended holding costs.

This can easily happen when the person valuing the property does not account for differences in the subject property and those chosen as comparables.   

Despite having photos available, many prospective tenants still prefer to see the unit in person to get a better sense of where they'll be staying.