NEED HELP: I am looking for assistance in lawyers and other experienced syndicate mangers to seek advice and some guidance. 

Taxes, costs, eviction complexity, etc are going to be a much bigger factor in your success than anything else.

There will be no assessment for increase in taxes or insurance so remains at $1935.

Tampa can work, but yes, taxes and insurance are higher and might keep cash flow tight.

So, when Trump changes to no tax on tips I feel inclined to change my rental income structure.50% reduction in rent.Previous 50% made up from a mandatory nontaxable tip. 

I understand I wouldn't get the benefit of tax deductions, but what else am I missing that makes this a good deal? 

No personal income or tax returns are required.

The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.

Also, I'm not sure how you're paying attention to it on the tax side, but the unit that you are living in's profit at sale is calculated differently than the other unit that you're renting out.Once you move out, that unit is officially available for rent so from that point forward, any profit gained at future sale will be calculated starting from that point and will be taxable.

Income would be from hunting dues and timber harvesting, expense would be conservation management, taxes, and the mortgage.