The problem is mainly a concern for people with a net worth or reasonable income. 

I would love to meet and network to people in South Florida , and find a mentor or someone who has taken a similar investment route that I am doing from flipping to owning rental properties.Really just meet likeminded people. 

This is a great place to learn and to connect with people so take advantage of all the great resources.

It would be mainly rented to alumni, parents of students and people exploring the area by the University of Florida.  

And non performing notes are a very high risk model if the model counts on reistating the loans with those in foreclosure..

I know several people from California who have been purchasing a couple of duplexes in the Midwest each year.

It will be remote, but since you live there now, you probably already have connections who either already know the house or local friends to find you good people to service things as needed.  

Hello good people of BiggerPockets.

I've been in the lending Industry for 20 years, and I feel many people on BiggerPockets give misleading information a lot of times.

I would check and see how many 1 bed and 2 bed options there are and what they are priced at because most folks will prefer the full place to themselves so rooming 2 people together could make getting bookings a bit more difficult (not always the case but something to consider)