There are many tax accountants on Bigger Pockets that can help you with your situation. 

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

The one aspect I'd say where planning can really provide benefit however is with tax planning.  

@Brad Kanouse Using Traditional IRA funds for an investment property typically incurs income tax and a 10% penalty if you’re under 59½, as investment properties don’t qualify for tax exemptions.

They lowered the “taxable value” by 40-50% and then raised the tax rate about 35-45% lowering everyone’s taxes that year.

You may be able to deduct mortgage interest and property taxes before the property is in service. 

You'll also need to show stable income for the past two years through W-2s or tax returns.Talk to 3-5 lenders to compare their rates, fees, and terms.

I’ve been working with real estate financials for a while, and I keep seeing one mistake that costs investors thousands: poor bookkeeping leading to missed tax deductions.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?

if it is unsecured loan that is the consequence, you lose they entire thing. as far as tax write off, sorry but none.

Is your income considered variable in nature depending on job sites and that you do not work a set amount of hours per week?