I have multiple listings across different parts of Florida and I don't even live in FL.

This could work well if you’re looking for steady monthly returns and don’t mind managing tenants (or hiring a property manager).Selling could also make sense if you’d rather use the $500,000 to diversify into other investments, like buying multiple properties or even a short-term rental on the lake as you mentioned.

The Mexican corporation, generally advised if you buy multiple properties, given the higher costs.

I'm guessing you posted the exact same thing multiple times.

Multiple professional references, when addressing this issue, carefully state: "the IRS position is..." - which to me indicates the same doubts that I have about the legality of the IRS position.Until the IRS is challenged in court over this position and loses, I choose to comply with their position.

There are a lot of areas that multiple property managers won't touch.  

@Paul Lucenti Not too bad dealing with multiple tenants in the same dwelling.

I’ve remodeled multiple houses at same time and there is no way on this green earth I would go to the store each time for each room.

There are four key principles that guide me:- Consistency is everything- Never stop learning- Take Action- Value relationships over everything else1) Consistency is everything There are multiple things that I do every single day- Read – 10+ minutes.

You may have an advantage since there is very low deal volume in your area, and may have multiple bidders.Good luckGino