Quote from @Wesley Whitehead: So had a phone conversation this morning with @Miron Briley In our conversation Miron did the following:1) explained how he heard about Pace's membership2) what he has learned through the mentorships and some drastic steps he took to achieve success.3) basic financials of some of the deals he did (purchases prices, interest rates negotiated for seller finance, some bird dog fees for bring the deals to other investors, units he has bought a buy and hold investor)4) a very interesting story about his experience about his initial meeting PaceWhat he did not discuss on mention1) a plug for me to be  sign up for the mentorship2) a pitch for gator lendingHe said to call him if I was curious to talk in greater detail, even mentioning going over deals I find to see if it would be a good SubTo deal. 

Should this go into my existing LLC or stay in personal name initially?

My biggest initial feedback is on your Hero photo - it should almost never be a shot of the front of the house.

That being said, I'm not opposed to Florida either; if I should direct my attention/energy here initially, for reasons I'm not aware of, please do enlightenProperty prices are lower.

Bing Crosby, one of the best known celebrities of his time had an idea - he would do the commercials, promotions and other work at 0 initial cost -but would receive 50% ownership in Minute Maid.

Vitaly,I rent a dozen or so mobile homes on the MHPs that I own and your initial numbers look accurate. 

The minimum "initial" lease term in Atlanta is 2 or 3 months, so they don't qualify as STRs, and thus don't have the same regulatory issues.

That’s the part that makes it attractive.However, on the flip side it’s a deferral, not a full escape (at least initially).

Another part is finding a value add play, initially your cashflow might be lower but overtime it'd out perform. 

And at no fault of their own – cashflow is what they were SOLD on.Here's what I want you to understand about “buy and hold” residential real estate:Let’s use a single family home with a property value of $300,000Let’s use an initial loan amount of $240,000Let’s use an interest rate of 7.25%And I’m going to give you $150 of cash flow per monthUse a 5% appreciation amount for your propertyLet’s see what happens after 5 years:After 5 years…$150 of cash flow per month = $9,000Your mortgage has been paid down to $227,000 = $13,000Your property is now worth $382,000 = $82,000So that’s $9,000 of cash flow, $13,000 of principle buy down, and $82,000 of appreciation.