That’s loan payment, property taxes, insurance, maintenance, utilities etc etc.

One other thing to consider is tax implications if you sell. 

Stupidity tax. 

I am a new property manager.  I want to require my renter to purchase renters insurance and add it as a condition of the lease with any damages to the property to be made payable to the home owner if the tenant is res...

I also want to make sure tax wise I have the best structure possible. 

I read that you are supposed to put security deposits into an insured savings account that bears interest. 

As far as I know it's just the jump in property tax that comes into play.  

. $1150/month. 1st month and 1 month security deposit required.

a single family to a multifamily property is perfectly fine.Lastly to your question - You must purchase at least as much replacement investment real esate as you sold if you want to defer all tax.  

Since Florida has no income taxes...