Even creating a simple model to evaluate potential deals or predict returns could be a fun way to combine your interests while gaining hands-on experience.The most important thing is to start somewhere.

The process is easy:1) You’ll receive a disarmingly simple one-inch-thick three-ring binder containing your plan documents.

From simple rules like permits to outright bans so that is a huge risk IMHO.

This could be simple as a coordination of who the debris disposal transportation will be that everyone uses, so it's 1 entity vs 40 trying to get in and out cluttering up area. 

Either you messed up the numbers, which it’s a rather simple calc so I hope not.

Miami is still doing well, Fort Myers is adjusting and has lower real estate than 12 months ago, etc..)My simple thought, for what it is worth, is choose a place to live and not invest in:  choose the location you and your family WANT to live in ( because of the schools, taxes, weather, other family there, etc...) and then buy and do real estate there (and get whatever licenses you need once you start third party management).I wish you well!

Yes both states have licensing requirements for contractors and subcontractors which can be found with a simple google search

Buy a few books, start simple, do your own property managing.

Understanding of the investment: I "thought" I understand the simple business model AHP presented.

We just liked how Rentec Direct was setup for us - it has a really simple interface, but did a lot of what we wanted.