I'm actually hearing that it will be allowed for residential multi family as well, although haven't confirmed that.

3) How well prepped was your property?

Just run your numbers well and make sure you are in an area without prohibitions in place. 

@Cristen Marcotte Well, my last post doesn't help you much.

I am in the Port Saint Lucie, Fl market and i have an airbnb that is doing quite well from an income perspective. 

Are there any creative things that could be done to get to my goals or from your standpoint,  or is it pretty well a firm "not gonna fly" type scenario? 

We have tried multiple local collection agencies, and we have not received a penny for over a hundred thousand dollars of bad debt submitted to them.We keep hearing, "It takes time" but it's been well over a year with the most recent one.

Glad you have had success and continue to do well with your portfolio@Chris Lin  Sorry to hear about your place, hoping you get resolution to your issues.

.: I haven't passed this past legal review so for what its worth: Part of my standard requirements for everyone include income is at least 3X rent, minimum credit score, say 640, Clean record and no evictions as well as deposit is paid in full at signing of lease and 1st month rent is paid in full prior to handing over the keys.

If you’re focused on long-term wealth and passive income, holding onto the property could work well.