I am very mixed with what my next steps should be, the property is a 3 hour flight from me so it is not crazy far, but I wouldn't be able to manage it on my own and would of course need a property manager.I'd love to hear from everyone to see what more experienced real estate individuals think.

You can also check to see if the county has online auctions where you can bid remotely.

Every individual must remember that the only person who is responsible for what takes place inside of the IRA is the account holder himself (or herself).  

Can we setup a mortgage to the LLC identifying two or four different individuals as the payee or do we need to set-up separate LLC to handle distribution to and from?

Granted, you can't go wrong surfing these boards while learning from some very successful individuals of course.

They were students, but I had them sign the lease jointly and severally (some landlords have students sign individual leases).

I found them online and we’ve made arrangements with our title company to include them with our close.

I'm trying to find an online service to obtain my Texas state ID #, in order to open a bank account for my LLC, here in Texas.

You can do a ton of research online to see how the numbers pan out.

Some jurisdictions do require a civil engineer for individual lot grading plans, though I am not at familiar with the process in Florida.