I have studied long term multifamily the most, so I try to stick with that.

Acclimating for at least the manufacturer's recommended time period, temperature and humidity prior to installation is key, as well as keeping the subfloor at the recommended temperature during install and after, sanding down any high spots/leveling the subfloor as much as possible (less than 1/8 in. over. few feet is ideal), leaving a 1/4" gap against the walls for expansion, and limiting the number of heavy objects placed on the floor in one area can help reduce gaps forming after install.

Mt funds are limited.  7K is needed for my first long term rental.

I have the reserves to weather defaults and my team knows their portfolio level numbers, so it's just a matter of getting note investors and lenders on board.15 years payments and 50% LTV are the limits we're seeing for each individual method by the way.

. - Not something most landlords taking care of their properties have to worry about.There are limits to clauses they allow in your lease.

It was done simply because I enjoy helping in my very limited way. 

If that's the case, then your next best bet is really concentrate on your studies.

I have done quite a bit of studying and research over the past year and a half, and I've recently started reaching out to potential cash buyers in the area.

I'm aware that Florida doesn't have hard limits on what is required up front, but I'm curious what others do. 

Yes, you need to do a cost segregation study