If you are in the Tampa area and plan on purchasing there, I highly suggest you connect with @Josh Green.

Prices remain relatively low, but appreciation may be slower.Monroe: A mix of cash flow and appreciation potential, Monroe has become a popular choice for investors, especially in areas where new developments are popping up.Appreciation-Focused NeighborhoodsBallantyne: A well-established area with high demand, Ballantyne offers excellent long-term appreciation potential, though cash flow opportunities may be limited.South End: A booming urban hub with a vibrant retail and restaurant scene.

I am seeing high 6s at 75 LTV with a 720+ score. 

I always carried high deductibles and insurance was more about catastrophic events.   

We pay $850 for a WH install, so, that seems high but you are in CA.

I am in Florida and we have a strong STR market and most of my buyers bought at high rates and using AirDNA we were pretty spot on for the numbers and we were successful in being profitable.  

Your credit score is high enough to get something done, but whether or not that delinquency will fly is going to depend on the lender/underwriter.

Seems like a high-risk, low reward situation though.

If you have several properties or have high turnover you are better off finding a manager. 

Are their listings detailed with good-quality photos?