Im in the position I would rather sit on my cash for a few months than deal with the stress and weight of all this going on.My questions is, Can I legally back out of this contract citing a "Pandemic" "Act of God" or something like that??

He did the first month for free so I could see that he was worth his weight, and now it is $1000 per month for him to manage the account.

But Smoobu has the right price and promises all the main features I need to scale efficiently and to punch above my weight class with guest experience.

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.This article goes into a lot of the considerations about whether to form an LLC or not: https://www.mmpph.com/wp-content/uploads/2019/04/May-2019-newsletter.pdfCreating an LLC in California would cost you a minimum tax of $800 every year.

I also tend to place less weight on medical bills.

Your loan officer is opening you up to 12 round heavy weight fight with an UW (underwriter) that you'll probably lose.

Now I would not say I am a "Pro" but have went through a wholesale  deals that I did not end up keeping myself.

So the ideas or qualifications will weight and balance each other. 

PITI & HOA fees = $25k per yrRents = $22k per yearLess management commissions, upkeep, cleaning and amenities.Leaves $15k per year.Runs in the hole $10k.Any tax benefits?

Rentals could require less work on the frontend... but then there's property upkeep, random expenses, dealing with tenants...