I invest in central Wisconsin and the only reason I don't do more is I can't find deals (even here, the market is hot) also as market is hot everywhere, one of the way to make money is by controlling the opex which I would reallocate the fund to invest locally in California market, actually I would make more money if I just invest locally rather than OOS. i am no longer chasing one or two hundred cash flow but straight 50k 100k a year.....i'm done collecting doors lol

If you do decide to invest in Florida, it's a good idea to enlist the services of a reputable property management company to help with tasks such as screening tenants, collecting rent, and property maintenance.It's important to manage risks when investing in out-of-state properties because it can be more complicated and may need local support from property managers, contractors, and real estate agents.

Does anyone have a good system or platform they are using to collect rent from tenants? 

I am considering how hard it is to collect anything when theres a problem. how much the deductible is means I’m already covering all the smaller items.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

As for collecting finder's fees.

If it was about buying properties, it would be called "collecting".Assuming a property that is good for both, one simple way (the best way) to see which is best is based on comparing the potential profit from a flip to how many years it would take for the potential cumulative CF to equal that potential profit. 

If that isn't the goal I'd hold and hire a pm or get strong on collection and cleaning up the tenants that are taking advantage of you.

Collect her rent payments and gift it back to her for tuition or other expenses while avoiding taxation.It would be worth talking to a CPA to see how to position yourself best while protecting yourself and teaching your daughter to live like an adult.

MOXIE collects the rent and distributes the owner's payments, not me.