You keep all of your commission unlike 99% of other brokerages.

You would have ongoing filing requirements with the State and would need to keep business records and documentation.

I originally think that Florida's insurance is off control, then I found the NC properties' insurance increased 40% from last year and tax will increase also.With current inflation(3%, 30%, or 300%), more and more people can't keep a home in most place although the interests maybe under 4%. 

He says he can keep track of the losses to carry forward from a K-1 until they start showing profit.

Why are you trying to keep a “nasty tenant”?

Good luck and keep us posted own the out of state stuff.

Keep in mind that the biggest risk might be not taking any risk at all.

Title, when good, allows you to legally keep others off your land.

But then I'm also torn because I want to keep buying properties.

And you have to keep the filters clean, which tenants will not do and the unit starts dripping.