@Rong TanThe last I heard is the City of Cape Coral has halted all new building permits for now so they can focus solely on rehab permits in the aftermath of the hurricane.

Me and my wife have decided to sell our first duplex deal after 4 years of holding it we have built over 250k of equity wow ! 

@Ofir R.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

With 30% vacancy in the area, filling space could be a challenge.NNN leases are great for minimizing expenses, but how much control do you actually have?

Dan your market/assets/tenants are on a totally different level than a good majority of the rest of the country. 

Only whole notes become the 1st position and holder of the actual loan note.  

You can see what people think of my post by the 5,873 “votes” I’ve received.You state that I don’t seem to have an understanding of the strategy you’re representing.

Until the conditional use permit is applied for, an operator of a short-term rental is required to apply for a short-term rental permit.

P&I stays the same for the duration of the loan.

Happens all of the time.