Contacts I've have and done deals with I reach out to when a big client is looking for something specific and has a unique set of problems that require some work to solve but have a big upside when you know the process from A-Z and how optimize a deal.

One requirement for MTR is a lease and researching tenant rights. 

You are not EVER required to use a property manager if you own more than one property, or for any quantity of properties you own.

Thanks in Advance.Your action most likely does not meet the requirement of a 1031 like kind exchange.

If you’re only requiring them to pass HUDS standards then your bar is low.

This is implicitly required of any HML.

Do you have any capital expense required on this property?

if so does the city require updating?

I’d love to learn about tips and tricks that have worked for folks investing in the Orlando FL area

If he was doing minimal renovating in this scenario (obviously no electrical wiring etc) is he required a contractors license?