I would ensure you have enough saved in reserves to handle down months, furnishing and decorating the entire house, closing costs, etc.

Filled with natural lighting, this single story home features 2 bedrooms and 1 bathroom.

The only defense is saving, reserves, and insurance. 

Just be sure to have a great inspection done and have reserves in case you have to evict the tenant.

You need to figure in vacant, reserves, and god knows what else.

The entity doesn't change the nature of the income to you. 

Also Pure White can tend to look “dirty” in rooms with less natural light. 

While, a reservation on Furnished Finder or Airbnb, for example, might be a bit more straightforward. 

On the other hand if the fund has not set aside adequate liquid reserves to meet obligations, then I think it is probably only a matter of time before they are going to have a problem meeting them.

On the active duty/reserve bit you said, try and get clarification.