The best model I've seen is:1.

forgot to add i want a 25-30 year fixed rate

First, the best thing you can do is improve your screening process.

Best of luck with things! 

Best part is, I have multiple people saying they will invest in me. 

@Robin CastilloLLCs are useful for legal protection, but they require separate tax filing, typically cost several hundred dollars to create, and most non-commercial lenders will not lend to LLCs.Commercial lenders will lend to LLCs, but their interest rates are significantly higher and they require collateral that regular lenders don't.I would not create a LLC specifically due to the issues in getting a traditional mortgage it will likely cause.One potential route though, is to get a traditional mortgage in your name and then assume the loan after a 6mo "seasoning" period with your LLC.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Wondering what you think is the best way to find tenants in west palm beach? 

Buy a SF rental, add some value (minor rehab), and refinance as the FED reduces rates in 2025-2026.

Best of luck.