That lead to working on getting my license and networking lead to my first official PM job. 

He still owns it and still pays the expenses, but you keep 10% (usually) and then return the rest to him.

They put the 20% of money on the side and spend the rest. 

I am not too familiar with rest of Florida markets and trying to narrow down to 3-4 locations that generates competitive returns and high occupancy rates I would like to be as close as possible to the beach given the price. 

We have fixed the plumbing and electrical but would love to get recommendations for the rest of labor needed.

Hi Troy,I'm going to expound just a bit on this with some pop culture references, you can take what you want out if it.[1] Interesting you have come this far in "Doctern' "-- (a Granny Clampet reference), all of this money, all this time and all this stress over the years and now find it "less than you want".[2] "Man hears what he wants to hear and disregards the rest"-- (a Simon and Garfunkel reference).

You don't always have to officially move into a new home immediately after close.

Send them $400/mo in cash for the rest of your life after you evict them.  

The rest of 2020 is a blur.

In the book "The Millionaire Real Estate Investor" by Garry Keller, a similar situation is presented where the solution was for the investor/partner to take 30% off the top of each months net profits, then the rest would be split 50/50, and that would continue until the amount paid by investor/partner was paid off.