One tip: focus on areas with year-round demand and check local regulations early—they can make or break a deal. 

Any tips are welcome!

Since we’re in the early stages, do you have any tips on building meaningful relationships with lenders or private investors for future projects?

Send me an email or a message here and I can offer some tips I use to maximize profits in FL.  

A real estate lawyer can help you navigate the specifics, including ensuring you don’t inadvertently trigger any unintended tax consequences.A few tips to consider:Check with your mortgage lender: If there’s a loan on the property, transferring it to an LLC could violate the loan’s due-on-sale clause.

If someone was over during a high consumption month I'd give then a notice/warning for the first month along with some energy consumption tips then tack it onto the rent. 

Hi BiggerPockets community!
I’m Frank, based in Northern NJ, where I invest in multifamily properties and short-term rentals. My real estate journey began in 2010 with a three-family property that I lived in, renovat...

Does anyone have any tips or software tools to help give estimates on pricing and the potential occupancy of the rental?

Sometimes the best deals are the ones you don't do.General Tips:  If you have the ability to manage a small 4 plex when you start, it can be an invaluable education. 

Welcome to the community and be ready for a huge amount of information at your finger tips.