Whether you buy it at a discount, use a seller note, or put it in a trust, having a professional team in place gives you the breathing room to structure the deal right.The Fix-Up is Key.

more bad news....https://www.wfla.com/news/pinellas-county/imminent-threat-re...https://www.fox4news.com/news/plano-orders-evacuation-evana-...

For the average homeowner who seeks this due to a lack of funds it is likely a bad idea because they often make emotional purchases and attempt to sell, move on a whim without understanding that appreciation is usually a long game. 

As long as this isn't your first investment, I think you could get a lower rate somewhere else, but this doesn't look too bad.

Things happen, and you'll learn real quick you can't always rely on your local maintenance person to handle.Southern Florida, just like anywhere, has good and bad places/cities/neighborhoods to invest in (and at the same time, you can often find a great opportunity in a "bad" place, or a terrible opportunity in a "great" place).Partnering with someone more experienced can be a big boost, especially for your first deal. 

Second, the guest is telling everyone to avoid this property like the plague (expect bad platform review and Google reviews).So while AI might save you time temporarily it might cost you more time, maintenance and cashflow reduction in the end.

One that rewards churn and that doesn't hold a manager accountable for bad decisions.

Am I just a bad property manager? 

There are far too many bad actors out there that will send out terms with no attention to detail.

You are suggesting that he levers up to spend six figures of high interest debt on a bad asset in a bad location.