My father has flipped a few houses several years ago so we have a basic understanding of what we are getting into as far as what to look for and what to expect in the renovation process although we know there is much to learn.

I have been studying the area really hard the last few days and have contacted several local realtors who really know this area and gave me tons of advise.  

Presumably the ink will be from Manager of LLC2, the duly authorized member of LLC1, but there could be several ways to structure this. 

I have several suggestions you can use -- what kinds of questions do you have or services are you looking for? 

@William FisherThere are several options to finding a local CPA/tax specialist.1) Use the biggerpockets search function to see if someone already is in search of a CPA in Central New Jersey.

The widow is in poor health, and the son is focused on taking care of his mother. no current income/expense data.

Look up Rob Gillespie in the Cleveland area (medina) he currently works with several investors from Israel

Also, diversification, such as buying in 2 or 3 markets, or across several different asset classes, can also be of help.I really like Jason Hartman's ideas on this. 

We found several duplexes we were interested in owned by the same individual.

As you mentioned, there are several new construction developments close to Disney that target the vacation rental market.