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. 

The LLCs pay the PM company anywhere from 7-8% of the revenue and the PM company oversees the assets and employees my staff.

P and Z  is on board as this will increase the financial  sustainability of my small farm.

In Florida, land trusts offer some unique benefits similar to an LLC, such as asset protection and anonymity, which makes them especially appealing in creative real estate deals.While LLCs are often more widely used because they’re familiar to investors and offer clear liability protection across multiple states, land trusts can be highly advantageous in Florida due to the specific protections our state law provides.

I collect true financials from every seller or agent I work with that is willing to share them & all of the websites tend to dramatically underestimate in these areas..

Plus, it’s a low-doc, asset-based loan, so no income verification or tax returns needed.

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

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.

My company does financial analysis and research on REITs.