I have the financial resources, time, and motivation, but I lack experience in the Florida market.

That is something a lot of the smaller credit unions lack.

I'd personally never use peep-to-peer because of lack of automatic late fees (THIS IS FREE MONEY) and no email reminders.

@Grace Hartman I don't mean this in a negative way but you're in this situation due to lack of experience, terribly high contractor quotes, or a combination.

It's much easier to rack up  material hours if you are nearby and able to take on some of the timely hands-on work yourself.I imagine that others have tried to do this while OOS investing but I couldn't speak to their success (or lack thereof)

These neighborhoods have had favorable zoning for a number of years and development usually follows the path of least resistance.Keep in mind prohibitive zoning is a leading barrier of entry and is usually why neighborhoods lack new supply even when the underlying fundamentals and demand are strong. 

Their lack of cleaning is causing additional wear and tear on the property. 

I tried but the lack of income on the property is a no go. 

Hey Fellow Investors, I am starting my investing journey with vigor but lacking knowledge.

All your first set of questions can be answered by looking online or calling several local competitors.Your accounting questions though, show such a lack of basic knowledge that you probably shouldn't be doing this until you have more experience.