Acceleration of rent is not looked upon favorably by the courts in Florida, so the landlord would need to wait each month to be able to actually utilize the prepaid rent.

One key advantage I could see in a new neighborhood is simply the free exposure of buyers interested in the new subdivision especially if you can offer better finish or a more appealing design than the competition if it's all fairly cookie-cutter. 

@Jim Carson, I'm in the process of rearranging my corporate structure as well.My local Indy corporate attorney advised against using the series LLC option since it's brand new to our State and there is no precedent yet with them to see if they stand up in court as expected.For me, this is the way I'm leaning:Convert my S Corp to a C Corp as the holding or management company, then use LLC or Land Trust for each property or set of properties that is then all held by my Living Trust.As far as the comment above about having your CPA setup your LLC structure - I've always been a firm believer of paying the right professional for the job...I'll gladly pay more now to the attorney to setup my LLC vs. saving a few bucks to have my CPA [bean counter] do it [unless the CPA is also a real estate attorney] - just my two cents...

I'm really looking to get started in real estate, possibly wholesaling due to it's appeal to little money needed up front.

I use a scoring system and keep those point total results with all my applications, to show in case I end up in court.  

Once the process started it took from December till February to get a court date...

The value-add position of the Enrolled Agent is court representation w/o need of getting a tax attorney. 

The court case you referenced predates this DOJ ruling.

Do what you feel is honest, legal, and will stand up in court.

I believe there was a recent court/case study that found a LL at fault for charging anything beyond the 4.