With a multi-family property, it is very unlikely that all of your units become vacant or non-paying at the same time.

on their workshop I've asked if LLC owned by 2 non-residents which is partnership and owns michigan Single-memeber LLC would need to fill our 5472.

Qualified renters can opt to pay a non-refundable monthly fee instead of a traditional deposit.

He is doing this with all investors money and non of his own.

We have a cleaner and some handymen on standby just in case.

Most places in SWFL already come furnished (even non rental properties) so it was already set to go.3.  

The MTR positioned for the most success and occupancy is one that does not eliminate the 3 key MTR non-negotiables among travelers - PPL: Pets, Parking, and Laundry.

They strategically avoid speaking to customers and offer support via online chat to a non US based helpdesk.

If the property breaks even, or operates in the red currently, it will only operate deeper in the negative (unless you find a strong ROI like creating more bedrooms, convert a non living space to living space, etc) with another loan. 

What I thought I'd have a really hard time with was finding cleaners, handymen, etc.