They have protections that pets do not have.  

All paperwork will be clear via attoneys to protect all investors.

LLC May have some asset protection benefits, and may be a way to handle more than one owner, but not a necessity.

The question I have is when I bought the home I only lived in it for 1 1/2 to 2 years before I got permanently stationed somewhere else, during these last 8 years I have rented it out and have not lived in it, will I have to pay capital gains tax seeing how I didn’t live in for the last 2 out of 5 years or am I protected because I had official orders and had no choice?

I have the first 2 years free(dad works there) and planning to major in environmental science.

You certainly don’t want to walk on wood with nails and such so if you do need to do the flooring earlier than typical, simply cover them with heavy weight red rosin paper to protect them.

In short, you should focus on major electrical, plumbing, foundational, structural, or environmental factors only if you want your best bet of negotiating down the price.

With Florida's high population density and increasing scarcity of develop-able land (huge tracts are protected wetlands), it continues to be a prime state for long term holds.

What do you think is the verbiage to include in the ad to protect yourself from the entitles rich?

He prides himself on thinking of the worse-case scenario of any potential deal and how to protect an investor against that scenario.