I found the property, handled the majority of the closing process, and am going to be the property manager.

Selling to a friend who sells to you again would not be an arms length transaction because you have a personal relationship with them and also you would pay closing costs twice to make this happen which is expensive. 3.

This question verifies the tenant’s responsibility in managing household expenses.

I understand there is also property management software that combines ACH payment capabilities with feature with basic book keeping features, perhaps work orders/repair requests, document(lease) archives, leasing/listing features? 

Quote from @Matt Durik: Start the eviction for non-payment.If I'm not mistaken, only the landlord, property manager, or attorney can file for eviction.

The first one that comes to mind is property management.

The prospect primary job is in apartment property management, but that job doesn't cover our 3.5x income requirement, the prospect has picked up 2 additional jobs that were really recent like this month and last month and one of them is the one I'm currently talking here about.

No worries on not knowing 100% yet but I would it would be far easier to get started in Fort Lauderdale or WPB areas due to the cost of homes.

@Unal Baris KancogluTo manage a multi-family property, communicate rent adjustments early, implement gradual increases, set limits, reassess lease terms, highlight improvements, and offer incentives.

The other 60% is actually finding, closing, and managing the deals.The BRRRR strategy is insanely good.