I am almost out of books in from my personal collection to read!

I personally collected a list of really helpful books that I'm reading over the next few weeks before I actively look at properties.

You can't just collect their stuff and re-rent the property.

Here's what's going on  For FHA-insured mortgage loans and loans backed by Fannie Mae and Freddie Mac (collectively referred to as the GSEs), a 60-day moratorium on foreclosures and evictions effective as of March 18, 2020, and (See  source in link below)For Fannie Mae and Freddie Mac borrowers facing a hardship related to COVID-19, the expansion of forbearance and loan modification eligibility requirements and suspension of adverse credit reporting.FHA Mortgagee Letter

In addtion we've collection distributions all along of at least $150k ea.

Anyone new, I meet them in person at the house and collect the rent after showing it to them. 

As a managing partner, I manage the property and collect a management fee. 

lets say you collect $200 net profit after all bills are paid.

Does the seller overnight me the loan docs and I'm then responsible for setting up an acct w/ a servicer, handing them the loan docs to board the loan and making sure they start collecting the mortgage payments?

But you say "How lovely that would be" to be paid off and just collecting the rent, no stress.