Gold is my favorite color haha.

As a property owner you have considerably more safeguards in place with a triple net lease where a management company has skin in the game vs a simple rental agreement.

If you have the 50k you can maybe even use that to partner up with an experienced flipper and put some of that money in the deal as many want you to also have some skin in the game.

You will notice that they only fund less than 70% of ARV and the borrowers have skin in the game.

SAD BITW nobody is giving a dime without YOU having skin in the game, 

Its important to set boundaries, be professional and not let people get under your skin.

I've seen some posts arguing about design and color scheme choices that are in and out of style in rehabs and flips so I figured I would give my first hand advice.

(Long time home owner but this would be my first rental so I'm on the edge of the diving board, looking down into that deep dark pool.) 

@Anna Sarvis, I understand the property they were first looking at is likely no longer available (likely because houses fall out of contract all the time).There are a lot of ways to skin this cat.  

The information about basic real estate investing has been democratized for quite a while, and I can't imagine there are any deep dark secrets being shared there that will get you rich quickly.