How did you add value to the deal?

If you had also spend money on renovations and improvements while occupying those should have gone into service then as well. 

I am changing the locks over on all of my units at each turnover.

I want to take this opportunity by qualifying for REP status.I have also been meaning to build 2 units in my backyard and put them on rent.

What is the cashflow like on those new constructions? 

@Chinku Chinku the rich get rich by making their money work for them.They borrow at one rate, to invest in something that returns a higher rate - they profit on the difference.Only you can evaluate your risk tolerence though.

That’s how the wealthy do it with real estate or businesses.

Collect first two months rent up front and deposit on next month. 

Hey Rafael, as someone who's been investing in Florida for 20 years, especially in Tampa, I'd say you can’t go wrong with focusing on this market—it’s got strong appreciation, great rental demand, and tax-friendly opportunities.

It's a different business model than the typical broker-investor relationship.