You will also provide the whole amount if you plan on repaying the loan in full beforehand.  

I am currently 36 years old and planning to start my real estate investing journey this year.

They are billed as "a scientific approach to single-family rentals" and use "institutional grade property management," which usually means they are a tech company in real estate and likely either don't have the existing property management relationships in each area or you chose an area where they don't have enough units through Roofstock for the PM they chose to care.

Add utilities, lawn and pool care $800-1000.

With the exception of building a trailer on the property (these are hard to finance), this sounds like a good plan AND if you are using it for your business AND your business pays more than 50% of the rent (if you have more than 1 tenant), then this is a more financeable property in the eyes of banks and credit unions as it would be consider a commercial "owner-occupied" property. 

I run a MTR out of my primary bedroom and would be happy to connect and chat about your plans and what my experiences have been. 

Or are you planning to put 100% of the risk/cost of vacancies, furnishings and tenant nonpayment on the owner with you having 0% risk?

Last I heard, they were planning to expand - as far as I can tell they cannot handle their current workload.The tenant can complain about a problem for months before it is fixed.

You just have to be careful because some sales agents will just advise you to over improve the property because it makes their job easier.

Especially any landscaping updates because tenants won't take care of it.