The more let's just say rambunctious your tenant base is the more you will have to landlord.

In Florida, you get grandfathered on property taxes based on when the value you paid when you purchased each property.  

If this is indeed the service you get for $30 a month then that is a good deal if you need credit.

You will learn a ton here :) I am based in San Jose and invest out of state in Ohio and north Kentucky.

You can also reach out to the Development Services department of the City that the land is in and they would also be familiar with that the code states. 

I currently have a European based property investment company with capital to invest in the us?

I would not start investing, creating businesses, or doing anything in life based on a unicorn example, whether it be real or imagined.I would look at the industry from the top down, figure out what realistic margins are, and see if I can gain a competitive advantage or beat general market returns by a few % points.  

Its super high, based on my assessments this year, its very difficult to get a  positive cash flow property in most cases (some states may have it).

It normally takes 4-6 weeks for a W-7 to be processed by the IRS.Here is a link to the IRS website, listing Certified Acceptance Agents by Country:IRS Certified Acceptance AgentsUpon receiving an ITIN number from the IRS, a copy of the IRS letter showing the new Individual Taxpayer Identification Number (ITIN) must be sent to LPM.Note: LPM will not manage rental property for foreign owners who refuse to acquire an ITIN number.Form W-8ECIThe Internal Revenue Service (IRS) requires property managers to withhold 30% of gross rents to ensure foreigner investors will file a tax return at year end.

Never flipped before.If you take out a HD loan and say your construction estimate comes in at $100k.Eventually the actual estimated construction costs only cost you $90k.When you take a draw does the bank give you money based on receipts/invoices?