If you are purchasing a 2 to 4 unit building and the other units have a history of proven income, you can use that income to help you get into the deal.

I plan on forming an LLC eventually as I navigate through the different investing strategies I would like to venture in (whether buy & holds, MultiFams, Flipping, etc), but I am taking all the necessary steps now in order to be able to continue conducting business in the future and not have to worry about Uncle Sam wanting any MORE of his "silent partner" cut than what he gets.Tax Strategy is my No. 1 priority before I begin to purchase any future properties.Any referrals/feedback of any professionals with proven results conducting business in the Miami-Dade/Broward county would be much appreciated.

@Brad Armel Well you have a good problem, that's the first thing to recognize.

That may give you some insight into recognizing the viability of the strategy.

I would do this in a market where a few other people are doing it successfully and it is a proven method or strategy. 

They have some notion that you cant recognize the smell too...

There are a few out there saying that she cannot be held liable in any way unless she was proven negligent.

To many lenders, if the property already has a proven track record with tenants, they will allow you to use that income to offset the debt to help you qualify for the property.Another thing to consider would be putting 20% down instead of 25% down. 

If we don't open a business, how do we recognize the rental incomes or losses on our tax return?

As an out of state investor, having trusted advisors with a proven track record is invaluable.