For me, I would use it as a down payment on an apartment complex, hire a great property manager, and sit back and collect. 

Or did the seller owner-finance to you and you're lease-optioning to a tenant buyer, collecting spread on the rent less debt-service?

My hunch is that she's collecting some sort of property management fee from this couple, and/or telling them it's rented for X and only sending them Y amount that she's collecting from some other property--basically she's figured out some way to profit off this couple.  

. - Collect rent using QuickBooks - mention my name.

Assets can include automobiles, artwork, collectables, etc, in addition to traditional sources like real estate or financial assets.Let me give you an example. 

He lives in FL and collects the rents.

The other costs (taxes, insurance, etc.) will certainly increase somewhat with inflation but they will remain a relatively small part of the collected rent.Real Estate Vs.

Can my wife go collect rent at 7pm on a Friday night and I feel safe.  

Here, investors buy these, and since our Foreclosures are judicial, plan on jacking the mortgagee around for a few years when they start Foreclosures, as they make their money collecting rent on these while they delay any bank foreclosures.

If this is inventory, I shouldn't have to pay state sales taxes for the supplies -- but I don't charge my end-buyers sales taxes, so I will never collect nor owe sales taxes.