Of course, you should have a local attorney look it over to make sure it's in compliance with the laws in your state/municipality. 

Basically you have a master lease to the local Chapter and they fill in the rooms as needed.Some considerations:1.

@Ather TaquiI am no attorney, but a consultation with one in your local market would be a great idea.However, Ill mention this.Keep everything separate.

You should have a main account for each property and then most local banks will allow you to create sub-accounts where can store funds or separate them into those buckets as the rent comes in.

I would also highly encourage you to become active in your local real estate clubs if you are not already.

I was hoping for a referral from a local investor who has had a similar need and worked with someone they were happy with.

Would the FL Land Trust be considered the local entity that can act in FL court (eviction, code enforcement, ...)?

Go to BUILD YOUR TEAM at the top of your screen and you can search for other MEMBERS or LOCAL MEETUPS.

Here is a link to a REI networking event hosted by a local hard money lender I can recommend: https://noblemortgage.com/events/houston-real-estate-social/Quote from @Detrick Bell: Goodmorning BP family,I’m just now starting out my REI journey & I wanted to connect with those who are investing in the Houston market.

I’m also starting to attend local meetups this week, posting on forums, and telling my network about the business to get my name out there.