I would be very concerned about someone holding the 50k deposit for finish work at the end..

While this is a great and highly motivating goal, most people are either clueless or incorrect in their belief as to what is required to obtain this “lifestyle”.Understanding of the “how to” get there is further obscured by the misleading, and often patently false “pathways” sold by real estate educational MARKETING companies as workshops, upsold to association memberships, upsold to mentorships.

Tossed around quite a bit and it isn't what it once was, but the value is still very high based on past performance and brand recognition.

Achieved by buying low value residential housing and turning into high value tourist accommodation for Short Term Let (STL).

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.

I also don't want to focus on one market, and not be able to score the right property for who knows how long, and then end up missing out on other locations, as being a long distance land lord is very popular as well.

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

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.  

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

Difficult to tell from the website exactly what type of Passive Investments are available: Fixed Term or Open-Ended.