Financing Out of state, Short Term Rental in Florida

[Eric Schroeder]

I live in Colorado and am looking at the west coast of Florida for STR property (Tampa to Sarasota region). I would like to finance it as a 2nd home/vacation property to use the 10% down. I would plan to stay in the property a couple of weeks out of the year and use it as a STR the rest of the time.
Are there restrictions to using this type of loan and hiring a property manager to turn over the property?  Or because it's a 2nd home loan, do I have to manage it myself?

[Wayne Brooks]

Originally posted by @Jorge Vazquez:

There are no restrictions to this.

Actually, someone posted the Fannie guidelines for a second home loan the other day, and it constrained a “no hired property manager” restriction I believe.  Easy enough to google up.