It can be paid off by a refinance, or a sale or cash out of pocket.The other issue is the pending divorce.

Fear the issues of tenant nightmares, fantastic because you won't have that with STR. 

A weak team leads to guest complaints, maintenance issues, and poor reviews.

I'm currently working with an estate planning attorney and she said she said we could put the LLC in the Trust but said she was not the best person to advise on the pros and cons of that and that we should talk to a business law attorney.

Any repair issues the new acquisition has you will feel to much greater magnitude due to the property carrying a lot of debt.

Plus, compared to other parts of Florida, the Panhandle is still relatively affordable, making it a great option for first-time investors or those looking to diversify their portfolio.Another huge perk is Florida’s no state income tax and landlord-friendly laws, which make it easier to manage and profit from rental properties.

I believe our team will continue to meet the level of service you expect in the future, but should you need anything or have an issue, please reach out. 

Having the tenant be responsible for something like the first $1000 of each maintenance issue, or $500 can be a big help.

Professionals find good deals, operates them professionally hopefully providing a profit without you have to deaL with the issues that face a landlord every day. 

None of these communities will be changing to residential neighborhoods, although a couple do have residential 'sides' that full time residents live in and can not be rented short term.Two of the big communities that you will have some issues with self managing are Reunion and Margaritaville.