@Steve Saenz - This depends on your state (I'm in NC); however, the first time I did a private lender funded deal, I had the same attorney who was handling the closing, also write-up the deed of trust and note for the private lender.

The land was owned by The State because tax delinquent.

For those looking more aggressively, the Pro subscription offers the full set of daily properties (10+ daily), plus usually another 30-40 in a (filterable by state and city) google sheet that didn't make the cut.

The wholesaler asked me to send him what I think the ARV would be IMO and what profit margin I am looking for and then he would go and take a swing at the owner stating he wanted these numbers so he knows where he has to start with in negotiations so he makes his money and I can still profit in the flip. 

Highly not recommended.But I am confused, if you are in FL why are you looking out of state when you have a lot of places in your backyard to look?

If not, it should probably be in your state and be taxed as an S-Corp, to save you some money. 

It's likely the most landlord friendly state in the country.

@Salvatore Annarumma - LLC laws differ state by state. 

From my research it appears that I cannot use the Qualified Joint Venture to form a single member LLC for husband+wife, because I live in NC which is not a community property state.1.

The key highlights of this slate of bills includesAdditional Excise Tax on STRCreation of a statewide STR registryStandardize safety requirements across the stateProtect the ability for local government to zone STR in accordance with their needsThis isn't the first attempt at statewide regulation, and its clear the bills as written would be operationally burdensome to put into place for the state (aka, expensive) and the problems they are trying to solve are not, in all, a result of STR in our communities but of bad tax laws already in existence.