Please do both of us a favor, and write it down on a piece of paper and burn it.

It takes a lot of energy to thoroughly vet a deal and a borrower to make sure financing is secure.

If my house burned down and I was getting text and phone calls from people with unsolicited offers I would not be very kind to them. 

Use your energy on something more meaningful.

It sounds like you're really ready to dedicate time and energy into educating yourself about possible investments and I love that.

It really depends on whether you prefer the hustle of managing STRs or the steadier income from LTRs.My TakeIf you’re drawn to the energy of the STR market and love the idea of working where people vacation, Florida might be the way to go.

Quote from @Anade Davis: I was not looking to say anything negative but the energy is off.

While this is a way to buy property for most they burn out in the first 6 months since its so darn hard to do it..

But it takes time and energy from internally motivated people who take responsiblity.

The overall LTV (including all 3 mortgages) will be key and your selling point will need to be that the 2nd mortgage ($8k) will burn off in 2.5 years (based on your surprise that it was even out there, I'd recommend that you follow up in 2.5 years and ensure that it's been satisified, so that it doesn't surprise you again in the future).Does the $8k grant vest over the 5 years?