You use a 6-foot good-quality box level and a pair of block planes for this (one should be cheap beater quality and the other should be something like a Stanley 12-920 for finer work when you'll need it).

Not sure how applicable it would be for a pair of duplexes.Next, the 50% rule already includes property management.  

Since you are Canadian I would suggest perhaps pairing up with an investor/investment group in the US that does some development in FL.They could help you identify locations in FL that require apartments as well as good land to built an apartment.

That's a hard thing to work on or pair, but it builds a lot of trust in both parties when we do.

Your talking high-end luxury, and "tiny", these are not 2 things that pair well, kind of like pineapple and peanut-butter.  

You can try to pair the passive losses with passive income, or find a way to make the rental income non-passive.https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Passive-Activity-Loss-ATG-Chapter-3-Passive-Income

The software can be paired with many other applications to generate some efficiencies and automation, making the whole process more seamless.

I've been looking into the 203K loan paired with an FHA loan, and I'm struggling to find info about it.

Is the broker doing 99% of the work up front and pairing with a lender?

However, the format matters a lot as far as whether they allow passive pairing (certain K-1 investments where you can use the shielding from one to avoid paying taxes on multiple investments) or not (1099 div investments).