Anytime I have had a question or needed a resource someone was always kind enough to jump in and offer assistance which is amazing!

Any investors needing any assistance cleaning or restore.

You could also end up with a property that needs to be gutted from top to bottom after months of legal hassles. 

Based off the general home inspection report you'll be able to see if you need to get an electrician etc out there. 

And how much rehab are you willing to do? 

These marketers would have the novice investor believe that the narrow focused “education” they provide combined with the “holy grail” formula (wholesaling, subject to, flipping, lease option, discounted note purchase, etc.) is most, if not all, anyone needs to become “independent” and successful, usually by month 12.

Quote from @Brandi Jefferson: Hi Jaycee,Tampa doesn't have much inventory on MF, so I'm starting my research outside my market, and learning what I would need to make that happen, since house hacking is likely not an option.

Owner will need an Annual Owner Statement from your acconting system, reflecting those gross collected amounts and all expenses, including your management fees.

How much below market are current rents?

The investors get much more profit out of the property.Recommend having a very open conversation with your FIL, expressing your interest in potentially taking over the property from him.