Any "gotcha's" to look out for when converting to LTR as opposed to STR? 

If I can ever help you let me know.. until then best of luck .

The market here offers strong appreciation, but we don’t just rely on that—we focus on highest and best use.

Hi Brad,It looks like you had lots of great answers already, but I wanted to chime in with my two cents.Using Traditional IRA funds for a down payment on a single-family home (SFH) investment property can be tricky because the IRS has specific rules regarding retirement accounts and real estate investments.

Congrats on owning your first home in North Port, FL and looking to take that next step into long-term rental investing.

I'll look into this asap. oops that was my second account.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Based on this experience, I feel I have a fair sense of what pricing should look like.Do you have any supplemental carriers you’d recommend?

But for the best local advice, make local connections in the market with Host groups and Rental Associations.

This is a great place to learn and to connect with people so take advantage of all the great resources.Welcome aboard and best of luck investing!