The fact that a mortgage provider is operating with a gmail (or similar) account would be an instant red flag for me.

With both VRBO and AirBnB instant booking how do reviews even matter against the guest?

If there is an attractive property and people have done their homework to believe the lien will not be paid (e.g. deceased person with no relatives) then everyone instantly bids 0% hoping to effectively buy a property for nothing but the back taxes. 

I just closed on #13. Seller was in a bad position and needed to sell fast. He agreed to sell well below market and didn't want to move. So, my concession was to lease back for a year. I am giving up some FMV rent, bu...

Just an instant boom to a country's economy. 

If prices spike, the gas company can instantly pass the increased price on while the electric company is much slower in passing costs on so that means less chance of a surprise $400 heating bill in the winter and better chance of always getting the rent paid on time.

Those first two exculpatory clauses the OP mentions would likely be voidable and thrown out in court if challenged under most states rental laws instantly.

. :)  when you have large run ups or build from ground up and have instant 100 to 200k equity it makes a ton of difference in your life.. you don't really need as much trailing income. 

This low-maintenance, instant cash-flow property will kick off my real estate investment portfolio, with future properties to be added in years ahead.

The cashflow on our rental property is currently not significant, and we are self managing, but we are willing to take the risk currently as the market continues to appreciate and rents continue to climb year over year.My recommendation would be to find a SFH with an area that you could close off to rent out on Airbnb, or find a duplex (harder) that you would be able to house hack while you live here, and cashflow when you leave.If your goal is to create passive income quickly and avoid house hacking then I would suggest saving your capital for a market that could provide some better instant returns for you.Good luck!