Did you confirm the 2% annual management fee is deducted from principle prior to principle being returned? 

We have a separate building on our property, which we've converted into 2 units- 1) a fully permitted ADU, and 2) a rec room, playroom, or rompus room, essentially a 450 sq ft guestroom with ensuite bath. 

Take the money you would have spent on the principle on the REI, and buy another property with positive CF. 

Quote from @Andy Sabisch: Stick with the KISS principle. 

You'll want to run the numbers on a few different areas to see if the rents cover the PITI (Principle, Interest, Taxes, Insurance) PLUS reasonable expenses for repairs, vacancy, and property management.

I've been finding things like this essential for accurate deal evaluation.

You essentially gain 5% for every 1% appreciation. 

Accept credit card payments from customersAudit trail to track changes to transactions and lists – Note that QB Online has an activity log that also tracks user login/outBank reconciliationCompany SnapshotCustom fields – varies on the number, and how you can use them, so you have to look at the specificsExpress setup of QB company fileMulti user access (different limits to the number)Multiple windowsOnline bankingPayroll (additional fees may be required)Print BillsRecurring Billing / Memorized TransactionsZoom into details from reportsDocument management – is much more limited in OnlineBudgets (not in QB Online Essentials)Class Tracking (not in QB Online Essentials)Create Estimates (not in QB Online Essentials)Prepare and print 1096, 1099 (not in QB Online Essentials)Job costing – although this is quite limited in QB OnlinePurchase Orders (not in QB Online Essentials)InvoicesTime tracking and billing by customer (not in QB Online Essentials)Reversing journal entriesMemorized reportsIn addition, there are some features that are only found in the Accountant versions of both products.

I hate that with no mortgage i also have no write offs essentially on my current property and am not expanding my portfolio much right now. 

Same principles can apply in Florida: define if you’re prioritizing monthly income or long-term equity growth, then shape your box around that.