I have several AirBnB properties in Dunedin and find that it's a mix of vacationers, people moving to the area for work or retiring, and people visiting aging parents. 

Me paying it off in my ideal time frame (8-10 years) coincides almost exactly with him being between 65 to 70 (ie retirement age) so I know I could make more money by delaying the payment, but I would rather take care of the man who has taken care of me my entire life first!

I guess you could say in writing,, you require proper written notice period before you would pay the fee.. and verification the assessment fee was accepted by member vote.. 

Chris, unless you are at the retirement age pulling funds from your 401k will be considered early distribution, which will result in taxes and penalties (both on state and federal levels). 

I started at a young age as well - mid twenties. and found it difficult to connect with active investors when I didn't have much value to add.

So buy them in your personal name, then age out the oldest that you have financed or the ones with the smallest balances to the Sub S and get commercial / portfolio financing on them at the best terms you can find.

Im 19 and want to see how much i can accomplish by the age 30.

You might ask what % of their RE loans are construction, the higher probably the better as they are obviously good at it and have the expertise, some banks don't have the management capabilities and verification process to adequately do construction.

As Joel mentioned building codes in Florida did change back in March but it's unlikely that there would be anything significant that might affect you.Another thing to check on these type of properties is just a quick verification that there are no county or city code enforcement liens.

Old houses have cast iron pipers that will disintegrate (because of age and/or foundation shift).