It will cost upfront but will pay dividends in terms of peace of mind in the future. 

California does not recognize series LLCs.Additionally, you'll want to consider long-term planning and whether a vehicle of that type does anything for you in terms of inheritance & estate planning, including property tax savings.These are all things you will want to discuss with your attorney and CPA.

Those cost in terms of lost rent, but also cleaning out the stuff that was left behind.If your place is managed by a PM, expect a 1 month vacancy (only once I have had no vacancy with my PM manage places, and once I had 2 months as they messed up and held it for a person-friend of the owner-who didn't put down a deposit and then they dropped the ball). 

I would say it is up there and maybe even above BP in terms of the level of people who truly give back and want to see others succeed. 

It’s something to consider and think of in terms of management.  

So thats the other benefit in terms of cash flow.

Acquiring it below replacement cost, especially in a growing market like Panama City, could give you a significant edge both in terms of cash flow and long-term appreciation.With your track record of completing 17 syndications and managing over $500 million in multifamily assets, it’s clear you have a deep understanding of how to unlock value in these types of deals.

But once you find one, it presents a unique opportunity because it will allow you to gain a sizable chunk of equity on the buy side which will also help cash flow because you'll have less money into the property.The other thing you could do in terms of new construction is commit to purchasing the property upon completion BUT requiring the builder to get the loan. 

. - She can use REPSTRACKER for thisI then of course have a plethora of other questions in terms of book keeping (tracking all purchases etc...) but I will save those for another time unless someone has the best offline resources I can start to learn from? 

Yes, they don't have as many restrictions in terms of Attorney's needed and silly laws but, If you can conquer wholesaling here?