The market will eventually correct the price. 

Thanks for the replies!

@Philip Beckwith,  Since this last post is only 5 months old and you are in Grand Rapids like me, have you had any follow up/results / success since this last post reply? 

Quote from @Zara Massoud: Your new PM is correct and the old ones were wrong.The property manager must have your social security or tax ID number on file.

@Jonathan BlancoYou have received a few good replies so far.

You defiantly want legal protection as stated by @Max Wilhite@Jonathan Bock is correct about keeping it simple. 

Because sometimes posters don't like the replies they get and want to take down their post after other members have invested time in replying.Further, once you make a post here or anywhere, its there forever.

Am I correct that a condo, depending on area and neighborhood, could be a lower risk/maintenance investment for an absentee landlord as opposed to other properties?

Please correct me if I'm wrong, but wouldn't a single-family home be a better option near Disney World, especially one with a pool, if it's affordable?

Your replies make so much sense.