Vacasa and Evolve are two of the major players that could have an opportunity in that area for you to be boots on the ground.

Hes one of the bigger " players" in Ft Myers, also owns ( I assume still does) Social, top " clubs/ restaurants there.

How much time do you have to chase the money from the PM or from the tenant?

Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

Quote from @Gash Nookala: David has the right idea about building a team, but the most important player on that team is the property manager.

One partner has over 10 years of experience with 2000 Unit, and next one has about 900 units as GP, and the rest of us were first time multifamily players. 

With that being said I would be careful not to just chase cash flow but instead find a mix of appreciation and cash flow, but at lower leverage. 

@Chase Tompkins Sure, it can definitely work.

Quote from @Michell Chase: I am currently retired and just purchased my 1st duplex in Upstate NY using a conventional investment property loan. 

You are being VERY NAIVE if you seriously think someone is going to manage a $10k+ project and spend HOURS chasing contractors, checking on permits, verifying work is done properly before payment and trying to keep everyone on schedule - for no additional charge.Best of luck, just don't blame anyone but yourself when you find out the truth the hard way.