And, with a partnership, there's no requirement that distributions must be proportionate (one of the reasons partnership can be a very attractive tax entity IMO), so it does happen from time to time.I think you're viewing this from the wrong angle. 

Not to mention, it was a challenge to ride because you had to balance at a specific angle for the vehicle to move forward.

The tenant would make the rent checks out to the LLC.That’s one way that comes to mind, but there are some other angles to cover I believe.

Going into the transaction with eyes wide open and, have thorough inspection and to maintain adequate reserves for the "unexpected." is critical

If you are looking for buy and hold cash flow in Orlando, I would suggest keeping your search area wide enough to pull in some of the surrounding areas (Deltona, Sanford, Lake County, Brevard County, Osceola, even Polk etc).

You'll probably get a very wide array of responses.   

You have to find a Broker to sponsor for the state test, and then to host your license, and they can be a wide variety of expense/fees/requirements etc. 

If so, you'll already know that there is a very wide range of markets and price points, even within a specific county.

I live in a double wide on a little more than an acre.

And it's a process that leaves the door wide open for liability in discrimination and fair housing complaints if not done right.Unfortunately, we all see the forum threads on here about people who advertised their property without identifying their screening criteria first or educating themselves on federal and state fair housing.