I have read Rich Dad Poor Dad, Rich Dad's Cash Flow Quadrant, Think and Grow Rich, The Richest Man in Babylon, The Laws of Success, The Beginner Guide to Real Estate Investing, and plenty more.

Larry, you might have plenty to say about my math - but hey, who's to say you can't net even MORE! 

Evening,  There are plenty of us in both, actually, too many. 

My guess is now that you posted here on BP you will have plenty of Orlando realtors to pick from. 

There is plenty of cash-flow and I know there will be expenses like this, I'm probably just being cheap. :)  Thanks again and good luck to you all!

I strongly suggest you do not take additional problems since a liability lawsuit will take all of your anticipated profits.In Knoxville today, all good contractors have plenty of work, but can give you a fixed start date, estimate and name of their insurance carrier.

Some of the advice it gives with respect to tax advantages of business entities is exaggerated, and there is plenty of other busines stuff in the book that I've come to believe was more hyperbole than truth.  

The analytical tools available here on BP (above under the Tools Tab) will give you plenty of financials to show your parents and you will probably impress them with your analysis and presentation if done properly.  

After reading plenty of material, I never came across people discussing taxes and LLC regarding buying and holding properties.So if I get this right, you would collect your rents for one year and when tax season is on, you would have to prove what maintenance, property taxes, insurance, P&I cost you in order to get it deducted ? 

There are plenty of recommended books as well!