The existing buildings only occupy the front portion of the lot, leaving about .4 acres of vacant land.  

You probably will still not know what i mean.You can't cherry pick the pieces of regulations and portions of the seller's guide and get the full affect. 

Vacation rentals within the unincorporated portions of Sarasota County are governed by Article 8, Section 124-131 of the Sarasota Uniform Development Code (“UDC”).

So say you had $100k investment, when that ends up being $50k returned and it’s three years later there will be some pain Yes I can say 90 percent of the fund level are in trouble , either capital call or they try to exit within cost or they purchase swap to hedge , with the capital call of course , I would say all LP in 2020 2021 are losing money … hence they try to redempt from good investment like HML.most syndication uses floating rate back then … hopefully by this time the cost for swap is cheaper so they can hedge their loss a bit currently most of them can’t even meet the SOFR portion of the debt. 

So as far as the lending portion of the equation I wouldn’t use it and quite frankly the ones who see 100 or so lender list as helpful are the get rich quick bunch whinnying on these sites.Can you speak to the portion of the software that identifies a property price vs ARV.

Unless you have UBIT in an IRA then you can take those deductions on that portion subject to UBIT.  

I have also read that having a sizable emergency fund is vital, as well.

After inspection we ask seller to fix few vital items like the heat wasn't working.

You will also attract quality tenants that will make your investment safer and headaches-free.Economic Stability: Katy has a low percentage of foreclosure and pre-foreclosure homes indicates economic stability and a healthy real estate market, which is vital for investor confidence​​.

I'll refer you to that on that portion of your comment.