You want an LLC for ease of administration, trusts are kind of annoying as they can act as their own taxable vehicles as opposed to single-member or pass-through entities that an LLC can provide.

Those floors look nice enough as-is that I would focus on minimal repairs as opposed to a full refinish.

I would if you have a lot of time on your hands now its a good idea to go back and get a w2 gig for active income to help you borrow money using conventional mortgages as opposed to using more expensive money like hard money or DSCR loans.

Prior to the Great Crash of 2008, most investors looked at & analyzed 100 properties, to make 10 lowball offers (so the property cashflowed) to hopefully get one accepted.Not many investors want to work that hard today.They'd rather invest in high-risk Class C properties and take their chances, as opposed to doing the hard work mentioned above!

Or, put in another way, we get more interest in us renting a property and giving it back to the owner as opposed to a landlord doing all the management and then asking us to occasionally do maintenance on the property. 

The “process” is the same as opposed to how the marketing is different in each state depending on whether it is a judicial process (court filings with a judge) or non judicial ( Lender simply posting in a legal newspaper)Yes,a short sale can be done by a homeowner without a foreclosure date if they are being relocated by their Company more than 50 miles but in this group we are real estate investors and it is hard to target a “list” of those home owners who may have received a job promotion AND think their home is worth less than the total debt.

Also, if you tell me about a potential case that you want me to represent you on, that precludes me from representing the opposing party. 

It is like any other breach of the contract where it can be remedied or the opposing party can use that as a reason to terminate for nonperformance.

That 10% is clearly, without question, astronomically worth paying as opposed to doing it myself.

Your insurance costs are high in Florida so you would want to hedge toward the middle of the state as opposed to coastal.