Maybe I am misunderstanding or wrong in some way, but I would definitely reach out to your accountant, or a good one in the area as they can get a full overview of your situation and recommend based off what is required in Missouri. 

“Broker” is a legal term that often requires standardized coursework and a state license.

HI Adam,There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

They required approval onsite for repairs if over the NTE. 

THE RULES OF THE COURT PROCEDURES ARE NEVER FOLLOWED DURING THE FORECLOSURE LAWSUITS.THE ORIGINAL DOCUMENTS( NOTE ) ARE NEVER REQUIRED AND IF YOU REQUEST THEM THROUGH THE DISCOVERY  YOU WILL BE DENIED.ALL FORECLOSURES ARE BASED ON FRAUD! 

Real estate in Canada is just way too expensive and impossible to get positive cash flow. 

It would be a good idea to familiarize yourself with your local landlord tenant laws, ESA certification requirements in your state. 

Your profile mentions that you are a real estate agent - You want to have a conversation to see if you potentially are eligible to claim real estate professional status which would allow you to treat your rental losses as active instead of passive.Also have a conversation if you are required to make estimated tax payments since there is no withholding on your commissions.Lastly, your profile mentions you are in Florida which does not have a state income tax which opens you up to more options for choosing an accountant.

Good Evening,I have a question, so I bought a rental property with tenants in place, The previous landlord didn't require them to have a security deposit, How would I go by with telling them that I required a security deposit, also they pay at the end of the month for the month they been on, I would like to have them pay rent the month before. so for example have them pay the rent this month for the upcoming month and so on, how would I go about doing that.

And the IRS requires that all of the proceeds from the sale be used in the purchase of their new property.