In Florida, you get grandfathered on property taxes based on when the value you paid when you purchased each property.  

A large asset base for some certain reason?

You will learn a ton here :) I am based in San Jose and invest out of state in Ohio and north Kentucky.

Even if you purchased your home at the very tip-top of the market before they dropped by 19%, if you would have simply paid your mortgage payments, mowed your yard, and stayed in the house for 6 years (you had to live somewhere during that time), you would have made money on your home...and that was the worst drop recorded.

I currently have a European based property investment company with capital to invest in the us?

Its super high, based on my assessments this year, its very difficult to get a  positive cash flow property in most cases (some states may have it).

Never flipped before.If you take out a HD loan and say your construction estimate comes in at $100k.Eventually the actual estimated construction costs only cost you $90k.When you take a draw does the bank give you money based on receipts/invoices?

I know that much of it is based on personal risk tolerance but any advice would be greatly appreciated. 

I just got back from the MTR Summit and met a great Ohio based STR and MTR property manager.

There are other cloud based self managed property management softwares that you could look into if you're looking for self management tools, but they are not free though.