I doubt it would be as passive as you think, and it is a long term commitment.

I don’t know if an option is different than a purchase contract, I doubt it, but a purchase agreement in FL is absolutely “transferable” unless there is language specifically prohibiting it.in fact the standard FARBAR has 3 choices under the “assignabity” section. 1) can not be assigned2) can be assigned but buyer is still liable for contract terms/penalties. 3) Can be assigned, buyer is off the hookIf None of the 3 choices are checked off, by law it defaults to #2.Hanging your hat on the theory that some guru “developed contracts that are good in Most states” and “the guru said....” is both naive and foolish. 

I really want to do this as a starting point of investing and to be able to branch out from here, but I've been having doubts about putting myself out there because I don't have a real estate license.

I doubt you could get deals like that on Craigslist.

Doubtful.

I doubt you are under any legal obligation to do much the way you describe it. 

I doubt if you can find better rates by bundling a few and yes it increases the risk.  

But I doubt it.

But I doubt it.

All the floors & outer walls were solid poured cement NO CRACKS anywhere.