I have 25k in each but suggest you use them ONLY in emergency situations.

My wife and I have excellent incomes, sizeable investments, and $30,000 saved up in our emergency fund. 

Older Emerging Neighborhoods for flips ( Fountain Square, Bates Hendricks.

You may have insurance coverage for loss of income,, but that ususally takes a period of time to kick in.Post the building entrance, and each door to each unit   Permitting entry with notification approval by you only during day light hours and they will need to provide a flashlight.If by chance you can string a source of power from a neighbor to light up hallways for emergency lighting try that..

Honestly how do landlords get themselves so stuck.. inherited problems or not.. this sounds like it would have been the first thing I would have done was to get rid of the dogs.Tell tenant you have no choice they either get dogs gone or else, you file for eviction,  non-compliance failure to permit management / services to enter apartment to do emergency repairs. 

Would be great to have anyone local from Tampa, Clearwater, Newport Richey and other local areas chime - I know the area is still in emergency modes.

I and my wife paid off all debt and save up our emergency fund, we got our finances in control and are now looking to start investing.  

In a emergency, I could be up there in 2 ½ hours.Taking into account comps from other rentals on VRBO & AirBnB, services fees, VT room tax, cleaning and management costs, I think my break-even would be in the 60-80 nights/year range.

If you don't know the market very well, then you/syndicator had better identify an emerging market since "a rising tide raises all ships".

Check out David Lindahl 's book emerging real estate markets