Our main carrier policy converts to vacant dwelling policy at completion for duration of term and can be renewed on case by case basis if unfinished or unsold.  

My advice on sub to is as follows1- COMPLETELY understand the process, implications, liabilities, and possible outcomes before engaging or attempting to engage in a sub to transaction2- Complete disclosure going so far as making sure the other part understands the transaction and possible consequences3- Utilization of an attorney experienced in subject to transactions for setup in such a way that provides some protections in case of default or in case the note is called4- Have a backup plan in case the note is called5 - only use for property that has a TRUE positive cash flow unless the buyer has substantial reserves I myself have purchased 8 properties subject to, but 5 of those were commercial properties which often have notes where a subject to is allowable.  

Overseeing tradesmen while they work on your properties sounds like material participation to me.

I thought the program’s 50/50 profit split would align our interests and ensure they provided solid guidance, especially since I was new to the field and nervous about making such a large investment and thought the 50/50 profit split sounded fair.

It sounds like you're on a fantastic path to becoming very successful in real estate investing.I'm an Orlando local too, and I'd be happy to introduce you to some great people in the area.

Your goals sound awesome.

It sounds like you don't need a co-host, you need a Virtual Assistant, as @Alex F. says.

@LaTonya Clark “One  can’t tell but I do know part of me is willing to take a chance”…You make it sound as if real estate investing is no different than gambling….

Study what kind of properties sell, for how much, and what kind of tenants live there.Think with a 10year+ vision, but a decently sound property (not a 1900 single family conversion that is begging for a full gut rehab), and but in the RIGHT location. 

Those don't sound too positive.