I'm in the state of Florida and I have a one year lease with a tenant who has paid first month, last month, and security.

The tougher part will be to secure your financing.

The clear upside is the incomes are very secure.

For all I know you didn't pay the rent and your landlord filed eviction.

They are both under the same LLC, so are OK being under the same Quickbooks company file - however I want to make sure to track income and expenses separately so that I can analyze profitability separately on them. 

For those interested, I am using the Small Company Offering Registration ("SCOR") form U-7 as the main disclosure document, rather than the S-1 or federal crowdfunding document series that companies use as the basis of a 'prospectus' for federal (SEC) filing.

There are lawyers making a living solely on security deposit lawsuits.  

I believe Moncton is your safest bet for a secure investment.

Let's also say for instance her delinquent thug of a grandson comes over and visits frequently, with a group of his "friends" and eventually threatens the life of one of your other tenants, leading to many phone calls, police visits and filing reports, etc.

Should I hire a CPA to get an idea of what to expect for when I file taxes next year?