It’s a longer-term game, though, with higher upfront costs.I’d say spend some time researching your target area and connecting with local investors or meetups—they’re goldmines for market insights and networking.

BUT the point is...do you think you or the agent will sell it for the highest price and provide higher net proceeds to your family member? 

My latest blog - linked here  "UNDERSTANDING FLORIDA'S EVICTION PROCESS AND LAWS"  provides a comprehensive guide to understanding the legal requirements, timelines, and steps involved with Evictions in Florida.

I would do a game room over a movie theatre.

We would need to know your current operating expenses (and rent) to be able to provide any suggestions.

wow sounds interesting 👍Can provide a copy if you like  

So, I am indeed getting monthly payment from my buyer that would cover both monthly mortgage payments and also provides me interest only payments on the difference between the sale price and mortgage payment. 

A good ballpark is $1,000–$2,500 per unit, but this depends heavily on how extensive the turnover is and whether you’re self-managing or hiring contractors.If you’re looking for more precision, connecting with local property managers or contractors can provide insight into typical costs for properties like yours in the area.

Lots of people either rush in to quick or don't ever get in the game.

It separates your personal assets from your business, providing a safeguard if any legal issues arise related to tenants or the property.