The payments and interest are high.

All told, cash flow will be a function of your down payment and your management of the property.FL tourism continues to flourish. 

Should it simply be left in a trust and payments made to the trust? 

Do you have a price range (or down payment target) and are you ok with some rehab or do you prefer turn key?

Some of the discounts are good, but just be aware that you will be paying a payment processing fee on top of the discounts. 

If you do have to move because of a job, you would be safest (in my opinion, i am not giving legal advice or financial advice), i would sell that property to ensure that you did not just purchase with the goal of moving out early and taking advantage of lower rates and lower down payments for purchasing your home as a primary residence. 

Use some for a down payment on your next home.

It is what is left after snow removal, cutting the grass, utilities, tenant issues, parking lot issues, property taxes, mortgage payment, etc. that make a difference.

I have the opportunity to help a family member be part of a joint venture with them putting the down payment down.  

NONE of the money raised from the auction of a 2nd goes toward the payment of the 1st (that is why they call it "subject to the first")4.