Look into homestead as a starter for your research 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Meeting other investors in real life helps spur the thoughts and research into reality.

I’m curious to know—how do you approach your market research?

However the tenant will pay on time every month :)PayPal, Zelle, Cash App, CASH, Check, Cashier's Check, $ Order, Gold, Silver,you get the point :)

No and you need to put this on hold and research the condo nuke that's about to hit Florida in the form of new legislation that no longer allows condo boards to defer necessary repairs. 

I hear of refinancing all the time but upon doing some deeper research I learned it costs around 2-5% of the loan amount.

Have any of you researched blockchain or smart contracts? 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

When you find them they are like gold for your business.