This seems a bit risky and too complicated, in my opinion.

It just gets messy, and complicated and opens you up to false allegations of Fair Housing issues.

Unless all utilities are included it gets complicated to divide these equitably.  3.

It makes sense to have standards, especially when you’re working with tenant-occupied properties and need to minimize unnecessary showings.

YUP  the first remains in first.. the wrap is junior to the first.. its does add a level of complication though if the first position lender needs to do a Deed In Lu ..

It's not going to force anything, but you can let them know "hey I'm sorry you're having a rough time, I'm willing to work with you on this but I need you to work with me as well".Check with your attorney for the deposit, in FL the deposit has to be made out to all occupants on the lease, so that could cause complications.

I understand your point but but strong language like that, combined with the overexaggerate of the news and their storms of the century that actually never happened put out a little bit of a unnecessary fear out there , I get it tho , there’s some truth and practicality to it , I must admit the high insurance costs and hurricanes have caused me to rethink the investment location, but I’m not gonna tuck tail and run in fear quite yet because who really knows if this is the new normal, and even if it is people live and invest in Florida coasts  because it’s Paradise for most of the year and they love it and accept the risk . 

They seem complicated, lock up your money and have a lot of restrictions. 

You could be creating unnecessary paperwork, headache, admin responsibilities, etc.This is more of a legal question, but typically I would think for a holding company you would want to list yourself as the manager of the holding company.

In fact it may actually complicate litigation in the event a claim were to arise while adding additional insurance expenses to your real estate operation.To explain why this is the case I’m going to ask one very simple question: In the event a tenant dispute, premises liability, or any other claim were to arise, what prevents the Plaintiff’s attorney from merely listing your wife who it seems is the property deed holder in your fact pattern as a Defendant?