And if you have your home checked for termites annually, any treatment treatment woud be covered by the vendor.

This home has been highly operational with high rates of occupancy, bringing in anywhere from $500-$1500 a month in overage beyond our monthly expenses.

Time is a valuable resource and "spending" it everywhere at once isn't worth the effort.

Is this a good deal relative to the area?

It's a GA LLC, but we're based out of CA. 

Trying to bring this back to the top.

MAREI's still here, we meet at the Double Tree on the 2nd Tuesday of the month from 6 to 9 and we have a meeting after the meeting.1st Meeting is FREE.We have generally 100 in attendance.Come out and check it out, join our community - we did have several from St Joe at the meeting last month. 

I don't believe "waiting it out" is an effective strategy.

What made you interested in investing in this type of deal?

I can at least find out the rules that go by or what they allow.