Keep in mind  one day you may want to sell this so preserving at least one tub in case you get tired of renting to students may help you if you transition to non-student tenants or sell.

I use to collect rent this way but I got tired of trying to figure out who had paid and who was late and who only made a partial payment, etc.

Tired baby boomers+ mostly.

I got tired of people not knowing how to use the washer and dryer and then calling because they couldn't figure out how to hit wash.  

I'm probably like a ton of you out there I'm constantly saying to myself, "An entrepreneur doesn't quit when they're tired, they quit when their done."  

Originally posted by @Justin Smith:This is the house :D OK, that right there is just tea party nonsense, Eventually the guy will tire of the crap and put it away, probably after the next election.

When you get tired of that property altogether, feel free to contact me to help you sell it. :)

So during the time you flip, you are building the passive stream up so that when you decide you're tired of flipping, you may have built enough passive streams to help you financially through that transition.Another opportunity you have, if it's something of any interest (may not be for a lot), is that you can start making your flipping more passive at some point.

I am tired of tenants deciding to move before the year up and not having consequences.

If you are a serious investor the tampa area is good (not too sure about orlando), plenty of "competition" but most are tire kickers, and like Dan said, there is plenty of inventory.