I have a separate interest bearing account for security deposits as required by my state laws.

Could any of you guide me on what I should do initially to secure financing?

How difficult or easy has it been to get tenants secured in that area?

In addition to property sourcing, I require an agent who can negotiate effectively on my behalf, ensuring I secure the best possible deals.If you have experience in identifying distressed properties or working with real estate investors in Florida, I would love to connect.

If I were in your and/or your mother-in-laws shoes, I would go to a local bank and use the free and clear house to secure a $150K+ line of credit. 

Nothing you mention is "ordinary" and you should charge for all of it. dodged a bullet there thats a very good price take it from the security deposit and call yourself lucky. 

I would echo the post about security. 

. - $6k/ month is our freedom number from a W2- Buy & Hold MFH is our plan (turnkey with PM in place)- This quad was built in 2024 and we're able to secure a 3.75% 10 year rateHow's this deal looking or would it make more sense to go another route?

It does sound to me that a lot of that work should have come out of the tenants security deposit 

Over the last year, I've developed a passion for real estate and want to be able to use it to generate income and secure financial freedom in the long run.