My concern is if i deposit a large sum of money in my account will I have to pay taxes on it or have any other red flags raised?

Sometimes this is accompanied by a lease back if the borrower wants to stay. 

(There is a ton of info in the forums, just throwing this in as it is a concern of mine)-Did you buy sight unseen?

Purchase & Sale Contracts & accompanying legal documentation are unfortunately a NECESSARY PAIN in the ARSE!

Ask any specific questions you have concerns about. 

It seems like a high fee to owners, but the PM business would be so much easier, profitable and hassle free if there was never a turnover or leasing commission.Steve I agree low/no turnover can be a good thing, but would be concerned that this bias might lead the PM to recommend below market rent increases on renewals.  

In reviewing the latest Orlando Real Estate statistics, there is a concern that house prices are rising so fast that they are becoming out of reach for the average citizen.

Some other misc items that you may want to specify are daily time schedules, dumpster location, contractor's parking locations, and that any neighbor concerns be considered.If you have any other questions feel free to ask.

I wouldn't be to concerned with this.

There are other FHA requirements concerning which you should contact your local lender, but determining whether or not a triplex or fourplex meets the self-sufficiency rule is a good place to start as this rule will immediately eliminate many properties from your search, especially in expensive markets like mine.