You pay the mortgage, they pay the rent, you both comply with the terms of the lease.On a side note, rent is not 15% above market if there are numerous unauthorized animals in the unit.  

I am looking for an investor friendly CPA around the Metro Detroit area who is familiar with setting up entities such as LLC and Trusts to help me get my financial house in order.

I'd recommend you set appointments between normal business type hours,, 9 am to like 6:30 pm for showings, Monday - Saturday.  

Here are some good places to start: http://www.biggerpockets.com/meet- find and connect with other BP members that are in your area.http://www.biggerpockets.com/alerts - Set up keyword alerts to be notified of the topics that interest you.And, of course thehttp://www.biggerpockets.com/forums - ask any question about real estate!

Please send me a direct message on BP with your email and I will get you set up on a MLS search.

On to my question, I am looking at a few things right now to get my family set up with a deal here in Miami.

Aside from filing the form with county clerk and having tenants start paying LLC's name, is there anything else I must do? 

@Sean Dolan Ironically, I just set up adwords today.

You can't just set and forget if you have other folks in your area who got set up a year, three years ago, etc.

The university is supposed to be growing a lot and has a 20 by 20 initiative set in place (20 thousand students by the year 2020) and currently has only around 14 thousand.