The monthly fee of X% should cover most regular things (collecting rent, answering calls, dealing with the occasional repair request which might happen once or twice a year depending on the tenant). 

There are several trusted ways to do that, but so won’t go into it on this post.Again, @Sonal Chopra this was a very fun exercise to reflect on our long term vision.

Hanging a large picture or something at the head of the bed usually looks nice.Additional Bedrooms:Any additional bedrooms, I stage either as an office with a writing desk and computer chair, a workout room (yoga mat and pretty exercise accessories), or a nursery with a neutral white or wood toddler bed and a changing table. 

In FL (and everywhere), as regular investments, not live in, I like 2-bedroom homes.

If your PM is not communicating with you on a regular basis about the status of the property's activity and also not responding to your inquiries in a timely manner, that's a problem.

I wondered if during the day when the people they were there to visit were in class or busy, maybe they'd like to exercise, but I think you're right.

For a regular residential deal you can expect a 5-10% contact rate on any list you call.

Josh - I think the exercise that would be good to go through is to develop a pro forma showing your current revenue/expenses/income as well as a projection for future years.

Who will drive by regularly and check for unauthorized renters, weeds in the driveway, trash piled up, a tenant taking up five parking spaces, or other issues?

You can pay for it with FHA loans or regular loans.