Any individual, corporation, partnership, trust, joint venture, or other entity which sells, exchanges, or leases its own real property;What I don't see in the FL real estate brokerage code as an exemption is if a layperson can buy their own real property.

This means you can start getting him involved and teach him.

Individual repairs, rents collected and other expenses were charged against the ‘unit’ that occurred the expense.Property 1: Unit 1 – Cashflow ROI = 15.42%Property 1: Unit 2 – Cashflow ROI = 13.08%Property 2: Unit 1 – Cashflow ROI = 21.80%Property 2: Unit 2 – Cashflow ROI = 3.56%Property 1 I acquired in 2011 and took care of some maintenance as necessary early on, so I’m glad to see they both performed consistently this year.

I recommend it.But plugging into BP here and getting involved will teach you loads over time.

Sorry to tell y'all, fraud is not exclusive to any location or individual.

I took the first step yesterday by creating a LLC.I'm here on BiggerPockets looking to chat, meet, and network with like-minded individuals or experienced investors.

If you truly are concerned you need to get the individual units isolated like @Steve Babiak said BEFORE it warms up or you will have water damage to deal with on top of damaged pipes.

You would lease the entire building/property at a set amount, then would sublease individual spaces and make any spread that there was.

The COA is responsible for a lot of things that you'd be paying for otherwise and while they may not be able to manage their money as carefully as an individual owner and have more overhead they are still covering a lot of maintenance and insurance expenses so it's not entirely throwing your money away.

I'd like to network with other investors in the area and hopefully find someone that would be willing to teach me a few things.Thanks!