Also there is an additional tax on the returns due to the financing. 

The 2-story building had a restaurant on street level and office spaces on the 2nd floor.

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?

There's a standard syndication that goes out to sites like Zillow, Redfin etc that is included when it is listed in the MLS; hence why people can find properties from across the country. 

I would also purchase the property and not the LLC unless you are a seasoned investor with a good attorney.

Have you searched your county site to identify those that have bought land in your area the past few years and then contacted them?

Get listed on all the OTA’s and a direct booking site, use good management software like HostAway, use dynamic pricing software like pricelabs, use WiFi enabled smart locks like Schlage encode, use an email capture system for guests to login to WiFi like stayfi, use those captured emails to do marketing for your direct booking site, and automate scheduling and payments for cleaners and maintenance.

Cost segregation can be a complicated topic, but I tried to break it down and make it easy to understand!Here is a newly created resource on BiggerPockets, which touches out cost segregation, accelerated depreciation,...

You came to the right place, Kwanza! 

Like Iowa , SC IL and more to follow..