Where are you with the city required Certificate of Compliance process?

It requires hard work, strategy, and a willingness to take on projects others might overlook.

I don't know what they are but unless there's something in the city that requires that kind of notice, it sounds excessive to me.

You may be required to make estimated tax payments when the property sells.It depends on what your 2024 total taxes due were and 2025 estimated total taxes / withholding / estimated payments are.If you pay in atleast 90% of the current year tax or 100% / 110%(Depending on 2024 income), you are normally considered good.You may want to consult with an accountant for more clarification.

Its a great idea, but you will need to consult the township in order to understand their requirements for liveable space.

I'm not sure if they still have the 2 year requirement on income if it's going to be your primary residence.

Quote from @Abhijit Roy choudhury: Financial Crime enforcement Network, requires reporting of Beneficial Ownership Information filing by 01/01/2025.Does this apply to us, Rental LLC owners.

If the LLC and its income are entirely outside California, it typically does not require registration with the California Secretary of State (SOS) or payment of California Franchise Tax Board (FTB) fees, even if you reside in California.

Since you're in Destin, you might want to check with local firms that have experience with STR-heavy communities, as they’ll be familiar with the risks and requirements.

This attorney should handle creation of your PPM and state filing requirements, but they do not handle the PSA or closing.