But the area has been doing short term for decades due to the theme parks.

Thank you, RTR, for providing excellent and valuable services from start to finish, making it easy for out-of-state investors to own income-producing rental properties.”I agree wholeheartedly with you, but running amuck is the new theme.

Remember to factor in the ancillary businesses that any particular theme of business needs, as much may not be directly tied to the base business (e.g., a cafe where patients can digest bad news - not a medical service provider or medical support provider, but ancillary nonetheless. 

I put $40K into restoring it and played up the theme that it was the old.

It's a facts and circumstances based analysis and documentation is key.The general theme of this thread dealt with the former, not the latter. 

Agreed, the "Syndication", "Private Equity Real Estate" or "DST" model are all variations of the same theme: - Pay money to sponsor who is supposed to be an expert investor.- Give them complete control over your money in the context of the deal or fund. - Wait and hope that they deliver returns. 

In Florida, coastal areas tend to offer the best opportunities for STRs, especially given the saturation in the theme park areas of Central Florida but I'll let the full time operators chime in.

A fire pit, BBQ grill, or outdoor dining area can also be great selling points.Themed Decor: Consider a lake or nature-themed decor to enhance the experience.

We are less than 5 minutes from Silver Dollar City (themed amusement park), which is a huge attraction in the area. 

I can see this working if you get a theme and online reputation.