I have also been told by multiple people that I should create an LLC or Trust. 

In other words, it may not really matter.I think it is also a fine line because even if I owned multiple properties prior to getting married, if my wife did ANYTHING to help with them, property management, sweat equity improvements, etc. then it can play a role.

It has been discussed on this forum multiple times, you can search the forum for earlier threads.The reason CPAs disagree is because it's somewhat controversial, especially between accountants who do NOT specialize in real estate.

I'm absolutely not interested in leasing fast at all and I'm extremely picky about tenants and I do things like require a large security deposit (even for section 8 renters, I have three of them and love them), don't supply appliances, take my time doing background checks and arranging multiple calls/meetings with potential tenants. 

One my friends just got done dealing with Greenfield and a multiple lot  re-zoning and permits for new builds.

There are multiple planned developments currently in the works that would expand the desire for vacation homes, but as of now, we're still waiting for that to occur Hi Stetson, we are now considering building a new home. could you please recommend a spot builder in Cape Coral?

If you are looking in 3 states and multiple markets in each state it's like drinking from a fire hose on trying to learn those markets.

If you scroll through zillow you will quickly see multiples of these designs.

A disadvantage to this type of investment is that it's likely your MOIC (Multiple of Invested Capital) will be lower than that of a common equity investment. 

Investors are angry Capella earned over $100K in origination fees on that deal and claim Capella did not do adequate due diligence, disclose conflicts of interest, and acted in their borrowers interest and not the investors interest.I know others who invested in a problem Capella loan for a golf course with water rights and multiple home lots.