If you don't have an agent that you trust, take the time to find one and build a relationship with them.

Do you have any, or all, of the following experience and skills:Blue collarbackhoelicensed home installertransport driverelectricianplumberconcrete workremodelerOfficeresident intake and screeningresident relations/community relations/governmental relationsbookkeepingcollectionsWhite CollarCompliance Management SystemDeveloping and Implementing a Marketing Plan that makes sense for the style and location of the community you buy.Selling homes at a profit and closing the sale.Establishing some legal and compliant manner by which your prospective residents can obtain financing to purchase the homes you are selling.For 4 and 5 star communities with prospective residents who average credit score is above 660 you will need to develop good relationships with outside lenders.For lesser communities or for communities where the marketing is geared to draw residents with credit scores below 660, you will need to develop some form of seller finance.Developing consulting or vendor resources for areas where help is needed.The more you already know, the less outside help you are going to need.

That type of buyer is a user not looking for a long term mutually successful working relationship. 

If you have a good relationship with Home Depot or Lowes, you can go to the pro desk and request the top or most popular SKU's for each department. 

I've had good success renting nicely remodeled historic buildings to mostly students and young professionals.  

It will mess with you naturally, you might think someone is going behind your back closing deals et...And last you guys need split EVERYTHING 100% and make sure your partner understand finances and what it take sto keep business flowing, if hes bad with money and you are, you will end up fronting every time mailing need to done etc..And it will hurt your relationship...Both you and your partner need to know, it cost to keep phone lines on, buying your mailing list cost, sending mail will cost, you might hire a couple VAs to do small things.. that will cost,  cleaning your list up making sure your addresses are correct will cost, going to see clients will cost you..Theres alot to having a partner so think of these things when you get into business with someone...Iron all of these out from jump..And of course things happen maybe a family emegengy and your partner cant afford to put as much everytime...Just make sure you work all of it out...

The majority landlord tenant relationships don't end this way, but if does, you're prepared.Let your tenants know how you handle emergencies.  

Ideally I would like to be within 30 minutes of Apopka.Thanks in advance:)Hello Tram,Welcome to the world of REI in this crazy market of Orlando that we real estate pros have a love/hate, but mostly love relationship with.I'm a local agent and have worked with a few investors who lived in an investment property and the best advice that I can give you is to find neighbourhoods where you will feel comfortable living first, then look for a suitable investment properties in those neighbourhoods.

Do you advise allowing the tenants to remain on a month-to-month arrangement in order to make sure they are good tenants and the relationship will work?

I have no experience renovating a historic home.