., your entire financial and tax situation could change and possibly not for the better. 

So you are a sole proprietor and for tax purposes you will file as such.

how do you guys go about separating your residential address from getting mail from tax etc from your investment property?

You have money.

They can be more flexible and may provide quicker access to funds.Private Money Lenders: These lenders can offer more flexible terms and faster approval processes compared to traditional banks.

We currently have about $60,000 of our own money to use for investing/renovating our properties.

While we are not truly concerned with making it someones dream home, we do want it to be smooth/safe with a modest level of eye appeal and without a massive time or money investment.

I would rather go into a money market at 5-5.5% with no management and basically no risk, than buying real estate to make 6%.

You are already losing money on it so you should either cut your losses and sell or be comfortable losing money on a monthly basis with the expectation to make it up on the sale down the road (see you're in FL so you might need to wait a few years).

I know a lawyer in Texas who is happy every time she receives a call from investors because she will go after them.She is crazy because she is an investor, too, but I guess she found a way to make money, which is ridiculous