I represent someone at the moment who is buying a townhouse that was to close mid January, and the property is still not completed, but that contract states the developer has 2 years to deliver the property.I'm just sharing what I'm used to and not an attorney.

@Naomi Bjerk yes this is an especially good strategy for vacation rentals, turn key rentals, Air BnB and commercial property. 

Education is key in this business.

Discipline is the key to being successful though.  

With my hectic schedule I am also very interested in "turn key" property management so I would like to get some opinions on that as well.  

The key to marketing is consistency, i.e. mailing to your leads every month for at least 4 months.If you find something good, I'd be interested in buying the contract.

You'll get a wealth of REI knowledge and learn how to take full advantage of Bigger Pockets (including how to connect with other Florida investors).Listen to the podcasts , get active on the forums & set up key word alerts to be notified when people are discussing topics you're interested in. 

Very low key and you can ask your questions there as well.

Most leases you sign have a clause in them protecting the landlord in a situation where the landlord is unable to deliver to you possession of the property.

Remember the key is net not gross :)We own 8 class A rental properties.