I am a big fan of Hal Elrod miracle Morning practice as it has literally change my life in so many ways.  

I'll put this information into practice on my next offer. 

Practice your elevator pitch before hand. 

Always best practice to be listed as additional insured as the property owner as well. 

Your local apartment owner association is a great resource for best practices for management and screening tenants.

You could also move into the Tampa property later on - although I would say this is a rare practice because people usually like to take advantage of the primary home loans if they are going to live in it (people usually live in, and then rent).

Unfortunately it's common practice here regardless of the situation/contractor I've found it mostly not worth the time from clients I've had to help fix similar situations especially when an LLC is involved way easier for them to file bankruptcy as soon as you file you get nothing and end up spending more

Now I'm practicing finding and analyzing deals from on/off market. 

Operational Efficiency: What are the most effective operational practices you've implemented that have streamlined operations and reduced overhead costs?

., 17.5 years remaining for residential property).New Schedule: Simultaneously, start a new depreciation schedule for the additional cost basis attributed to the replacement property, following standard timeframes (27.5 years for residential, 39 years for commercial).Option 2: Treat as New AssetCombined Basis: Treat the entire cost basis of the replacement property (carried-over basis + additional funds invested) as if it were a newly acquired asset.Single Schedule: Depreciate the total cost basis over the standard timeframe for the replacement property type (27.5 years for residential or 39 years for commercial).If you choose option #2, you need to file an additional form (4652) with your tax return.