A business/way of life to continue? 

If you do 203k loan (FHA renovation loan), you can wrap the reno into the loan, but it is a bit complicated on the back end with the draws to the contactor.You are using a lot of book words that may not go together in real life so you want to start going to meetups in Des Moines and meeting other investors so you can see what they have done.

And lastly insurance, as a front line defense against life's various "what-if's".

Since in Florida there's only one major insurance which is run by the state it's called Citizens they require an inspection in order to determine if they will insure you or not.And yes if the inspector gives your roof no life left this they will not insure you.

It allowed him to keep the money he was willing to use for a down payment for emergencies, which made life as a homeowner less stressful.

Be careful with FHA some loans will keep the PMI for the life of the loan.  

Other option is giving a small portion of equity and splitting profits and ongoing costs evenly, but not sure how much equity to give or how to logistically buy their equity out later on if I want to keep the STR for life.

It’s to take advantage of the 2024 bonus depreciation rules which include 60% bonus in year 1 for any life classes less than 20 years.

this is all i needed to see:Business coach Kris Krohn blasted for pulling kids from public school over fat teacher (nypost.com) Ya know, as a holistic health provider and conscientious parent, I'd probably do the same if my child's teacher wasn't a good fit. 

My entire life pops up on google.