Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Essentially, the cap rate is the proportion of Net Operating Income (NOI) to the property's value or selling price:Cap Rate = Net Operating Income (NOI)/Property ValueThis ratio offers a direct method to evaluate the yield a property generates in relation to its cost.For advanced real estate investors, integrating additional factors might prove beneficial:Vacancy rate: The duration the property remains vacant.Operating expenses percentage: Includes insurance, utilities, and maintenance costs (excludes mortgage payments, depreciation, or income taxes).The adjusted formula for net income, incorporating these considerations, is:Net Income=(100 − Operating Expenses %) ×(100 − Vacancy Rate %) × Gross Income

Is there a good strategy into buying a smaller multifamily property while limiting out of pocket cost.

I know it's a slow burn, but if anyone has any recommendations as to who I should connect with, whether a business, or an investor in the Dade/Broward area, I am open to any and all suggestions, and I welcome collaboration. 

If price is below $360,000 then I back my way into if form there and calculate reno costs, etc.  

My family is in the initial stages of a move to Japan and  applying for a business manager visa.

Check big-cost items more carefully.

Just open a separate account through a CU or a bank you currently bank with for the business.

You need to follow a few rules on the acquisition, and follow a few more on the experience/forced equity/hospitality side, but if you do it, it's about the highest returning equity in the business. 

Solar costs money to install and benefits you how?