This is generally not tax-favorable as you are taking a large chunk out of the IRA at once and will pay a high rate of tax.  

It pays the taxes, the water and sewer, and the cost to heat the property while leaving some for maintenance.

Any recommendations of good lawyers or agencies where I can register a complaint against them would also be welcome.

I would suggest talking to a lawyer in regards to the entity question because they'd be able to tailor what best suits your needs given your situation. 

Not a lawyer but it looks an awful lot like waiving the financing contingency.

And tax reform in those days just hammered them and then N.

1.Explore tax incentives or financing programs: Look into potential tax incentives or financing programs offered by the local or state government for affordable housing developments.

So just knowing the basics and directing them in the the best tax position is helpful.

However, Florida generally has lower property taxes, which could be a factor to consider.While you mentioned your interest in multi-unit investments with seller financing, it's important to keep in mind that this can be a complex area.

This has to be one of the least friendly states to be a landlord, and the taxes are high.