Making a profit means your property is producing cash(cash flow).  

I know everyone will have something different, but I'm currently a W2 employee paying high tax and am trying to determine what I need to produce on a monthly/annual basis to invest full time.

I will be living in 1 unit, and the remaining 1-3 units will be rented to produce income.

However I can only produce about 20k on paper.  

My end goal is 5-10 buy and holds that I own outright that will be producing a cashflow of $5,000.  

Would you happen to know any good contractor's in Orlando that produce quality kitchen remodels for a fair price?  

. :)  I've actually learned quite a bit since I put this property under contract, and knowing what I know now I probably wouldn't purchase this property again, but at this point assuming all goes well with inspections and appraisals, I think I'll see this one through and use it as an income-producing education lesson.

She has claimed an air conditioner bill that she can't produce that she said got trashed. 

Don't just put a body in there to put a body in there, you wont have the time, energy or money to evict at this point.Take cost to remodel plus cash flow to the bank with your asking price, if you can get a pre approval to buy the property than present your offer with what is needed to spend on property.It took me a year to get the bank to take my offer, once a month I would stop by just to say high, they had other offers, but then they would go to the building find out what a disaster it was and either walk or change the offer, the bank always said no, why you ask, because not one of the offers came with a pre approval, unbelievable, cash talk BS walks.The Bank I received the loan from looked at the remodeling numbers than market value after completion, I took the banker on a tour of said property showed the my written plan and bingo, he says this is a great deal.

Can they manage properties that are already producing.