Oh one caveat for anyone reading - the cost seg study gives you huge write off earlier.

Yes, some of them already live there but those manufacturers will need to bring in talent from other places as well. 

I have some insurance contacts -- mostly around Tampa Bay but they should be able to write in all Florida!

I would start with 1-4 family as the under writing is a little less stringent and appraisals are quick and easy.

Going forward all change orders must be in writing and you should have provisions for missing deadlines in the contract.

You'll be closer to 25% down and 4% interest vs 20% down (or less) and 3% interestFrom a tax perspective, you should still be able to write off expenses in the same way, but if you use the property 1 month a year for vacation, then you'll be able to write off 11/12's of your expenses against your income instead of 100%.

One thing that may help is to have your PM write a letter for you (or you can write it) and then you sign it....very basic "Hi, I am NAME of XYZ LLC and I own the property you are renting. 

typically lenders will have a portfolio of products if they are talented...conventional is conventional, but investment-specific loans can vary widely. 

Also some concern is reputation for writing good preapproval letters.   

Just keep the receipt of the transaction and write member contribution on it?