Maybe the 8 plex has 3 bedroom units and private yards and these apartments are high rise style.

I've had an appreciation for Florida and Florida-style homes for a while now, and with the growth in Jacksonville, I started to become very interested in this market for investing.

My main issue with this is I’m not trying to male any money off this, I will be using the garage as storage and they are just barely above poverty level income so it’s essentially a favor because we know they will be safe there with little to no issues with the house since it is a slab style bungalow house 2 bed 1 bath. 675 sq ft.

It is not 100% passive but can be passive style income if you set it up as that. 

Let me know your thoughts please." style="-webkit-font-smoothing: antialiased; margin: 0px; padding: 0px; border: 0px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-weight: 400; font-stretch: inherit; font-size: 1rem; line-height: 22px; font-family: "open sans", sans-serif; vertical-align: baseline; position: relative; overflow: hidden; color: rgb(52, 65, 77); letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; height: 256px;">My business partner and I have multiple multi family apartment buildings held as a General partnership.

Once we have moved (our goal is to locate a duplex or triplex to house-hack) I will be free to pursue investing with much more of my time.Our long-range goals are pretty far off the norm: to live off-grid in an Earthship (cutting living expenses even further) and maintain a structure for indoor bouldering.

Any specific strategies that have worked for you guys or a good realtor that is investor friendly to help me get in door #1?

I challenged the appraisal - they are using a strict sq footage model for value and since the upstairs is a sloped style they are counting almost 0 of the entire upstairs floor.

Upon their deaths (which happened simultaneously; 'The Notebook' style), their lovely building was worth $10M and you inherited the property and sold for market value (you greedy SOB) with zero capital gains due because your basis in the property was 'stepped up' to $10M (I don't know the specifics of estate taxes but I think they kick in over $11.58M). 

Yea this propert is hard to comp because there just isn’t many properties of similar style and unit size sold or for sale in the area.