That is unless you have a JV or other equity partner who is putting up the funds immediately with no lien, title insurance, etc.

The amount of downpayment requirement insures buyers having "skin in the game". 

I would recommend just reading up more on both industries and make a decision from there.

A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.Good luck.

This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.

Good luck in whatever decision you make!

Most Florida markets will share some dynamics though like taxes and insurance. 

These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.

Both offer unique advantages, but understanding the trade-offs is crucial for making the right decision.

I am seeing a different insurance issue.