But I think you could take this a step further and instead of charging no rent, your rent could be the cost of the taxes and insurance annually.

Hello my name is Fernando just stepping into the renting and landlord area.

Steps: you go under contact with the owner of the property, you assign the purchase and sale agreement to the end buyer, the end buyer closes, and you get paid the difference between the agreed-upon price between you and the owner and the intended purchase price of the end buyer. 

Starting out in real estate can feel overwhelming, but breaking it into clear steps makes it manageable.

Hi Drake,You are in the right space to get started, so congrats on taking the first step.

@Peter Vercellin  Welcome to BP and congratulations on your first steps.

I invest primarily in Pittsburgh and if you asked me I'd probably try to talk you OUT of investing here unless you're willing to follow the steps I outlined about getting situated

At the point that we step into the role of confirming zoning, we are actually stepping outside the scope of our license as we are not experts in that area.  

You've gotten a great response above from @Michael Plaks I'll also note that for this or any similar "strategy" people come across to just step back and ask the following: Does this have a genuine profit/business motive? 

Congrats on owning your first home in North Port, FL and looking to take that next step into long-term rental investing.