One major issue and they can be wiped out.

I’m sure others here are also running into this issue, so any recommendations and referrals would be greatly appreciated!

That will be an issue if you change it to try and make it contingent on financing.

The loan will be interest only for about 12 months (up to 18-24, but 12 is common) with a balloon due at the end.

we are still assessing the rentals we manage but overall are just finding a few minor issues so far. 

As Stuart mentioned, there are several issues that might arise with the property, which could definitely impact your cash flow. 

None of these communities will be changing to residential neighborhoods, although a couple do have residential 'sides' that full time residents live in and can not be rented short term.Two of the big communities that you will have some issues with self managing are Reunion and Margaritaville.

A lot of the top places have seasonality issues so don't let it scare you.

(They broke the story on Beattie Development and they've asked other clients to contact them with your issues/complaints.) 

They are paying for some repairs now after I've had several issues and a brand new tenant moved out, but I'm still paying a mortgage without any rent coming in during those months.