this is exactly what u was looking for.

a dollar to anyone with half a conscience about real estate will just laugh at that.I had one guy send me a contract with a 15 dollar EM.. so U can imagine my response.. he had some BS excuse and I said well if you have all your money tied up and can only handle 15 bucks . then I am not interested.if your going to do this you have to be professional.. and EM is part of it.. not to mention if you are not closing and just trying to assign that's illegal in FLA.. so you have that double whammy

Work with your neighbor to come to a joint agreement and ask for like 50% above market value or some other semi reasonable premium.

i think if investors BEFORE they bought properties that require  medium to heavy managment they should definetly sort out their style of management and sourcefrom what i reading is people are basically tired of bad tenants and other minor thing such as up keep.but if u did a bit of footwork and got yourself some good solid tenants that are trustworthy and would treat your property nice i dont see a problem.. having a residental rent collector and your good tenants and your own contracted mainence is pretty much it..good footwork is always valuable all the time ..people need rental homes just as much as people need owned homes

The Philly house will also be in my name and my father's (we went 50/50) so do we create a joint account?

@Casey BarickmanWhy r u going commercial?

I did make 3/4 sign a new lease for 12 month terms, but the 4th I did not make them sign yet.USAA said they have to be on AT Least a 6month lease.I said that they were previously on 12 month leases but are now month to month.Can u guys comment?

Find someone to joint venture with.

Basically you are doing a Joint Venture with the seller. 

its the only way to scale in the real estate commission based business.. just like opening a brokerage U need sales people.