The piece I'm navigating is that I'm hoping to move back to Europe eventually, so I'm trying to understand how to structure things now in a way that allows for international management down the road.

Sure they eventually get evicted, but if they owe 2 months' rent + legal fees + set-out fees + damages, etc. that measly $2K that was collected as a security deposit doesn't cover the total loss.For the same amount of 1X-2X cash deposit, we can get a Rhino policy for 3-4X the coverage.

The trees need to be removed, especially if you are going with the lining approach as the roots will eventually poke through.To get a meaningful answer, you need to call a few plumbers to look at your specific situation.

Hidden risks most investors missRisk #1: Someone reports you for creating a “duplex”Usually triggered by:Two full kitchensFire separation doorsAdvertising separate “units” on ZillowIf you avoid that, 99% of issues disappear.Risk #2: A downstairs bedroom without proper egressThis is the most common code violation on these setups.If you convert a garage, the inspector will want:Window height within egress codeMinimum ceiling heightHVAC that meets Florida energy codeNo sleeping room opening directly into garage space (if garage door stays)Risk #3: Flood zonesSeminole Heights has pockets of funky elevation requirements.If your garage slab sits low, you may need:Flood ventsElevated electricalWorth checking before sinking money.5.

Hey Angela - That's a solid idea on converting the home to a BnB.

Converting OP units to shares of the REIT creates a taxable event.Ok thanks.

Add value through layout, not luxury.The cheapest way to increase rent is adding a bedroom.A simple wall converts a 2-bed into a 3-bed and changes the entire rent profile.

They won't actually cashflow and you'll eventually have to sell at a loss or let them go to mortgage foreclosure.Acquiring all-in for 75%-80% is more realistic. 

Without that structure, the whole operation eventually collapses.All of what I provided if done will avoid getting conned. a huge loss.

Convert the layout for maximum value.Extra dens, large living rooms, and awkward spaces are opportunities.