When walking the property, check on the condition of the units.

Put up a light with motion sensors, but honestly if one of the adults is sneaking out the back in the middle of the night-that is silly-why not walk out door like a normal person. 

I see how he views and values investor funds, talks about protecting those investor monies (walking away from deals I think are good but are admittedly more risky), and the consistency in this behavior from the time I have known him shows me that he is not someone who takes his role as syndicator lightly.

Now granted that has gone off the rails because I have decided to change our focus because my end goals changed, but doing the exercise helps create the path to walk and figure out what the next steps are.

Flipping is 10x the time that wholesaling is, in or out of state, and if you don't pay attention you will lose and lose on contractors.A first flip will take you 2-3x longer than you think, cost 2-3x more than you think, and one contractor will walk with your money at least.What you are trying to do is to create a side hustle in real estate, but you are biting off things that you don't have time for.

I will soon be selling my rental condo in downtown Tampa and I should walk away with $500k.

To get some insight into the development process, take a look at this thread I am writing, walking through an actual multi-family development project in SoCal: Life Cycle of a CA MF Development ProjectI am an offer of help, feel free to post questions here or you can send DM. 

I am an industrial mortgage broker and I would be happy to walk you through available programs and pricing.You said this is a single, sticky tenant? 

Podcasters that does house walk throughs will sometimes say, "if this Floorplan isn't available in your city/state"  blah blah blah.

Kids are adventuring and walking too and from school unattended, people park where they need to, people use common sense to make decisions more than relying solely on the rules, etc.