They all want to see some of your own skin in the game. 

It's well worth the peace of mind and saving your time to have Anderson take care of all legal aspects of a STR company!

The proposal sounds promising, and I wanted to reach out to see if anyone here has experience with this type of arrangement.The investor has offered to give me $10,000 upfront, which seems to indicate that he has some skin in the game.

Partnering with a good property management company can help you handle the distance, but be careful with tax’s material participation rules if you expect tax savings.Sticking local is convenient, but branching out might give you better opportunities to meet your financial goals.

Be VERY careful, most of FL is correcting and will continue.

Buying carefully will increase chances of success. 

With due respect, since loan docs are state-specific, be careful asking here which documents you should use.

That should give people incentive to take a good care of appliances.4.

Even if you have good folks on the ground to help you out, you are going to be making trips to take care of things that those people are unlikely to do, not the least of which is risk management:  Making sure your property is safe for guests, inside and out.  

The prior owner, who's a little delusional and in denial, continues to care for the house.