Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge

If you went the refinance route though, you may want to wait a little bit as the general consensus is that there will be a 25 basis point interest rate cut by the fed in September. (0.25%)

In fact, I would suspect on a dollar basis they may be cheaper!

You usually have a higher cost basis when you buy great property.

On this basis, do you recommend leasing or buying? 

This can be done on a long term or a short term basis.   

We did the majority of repairs ourselves (fam of 4), while we stayed there (3BR 1.5BA, 1100Sq-Ft) and learned alot about the place by using it on a daily basis (as a renter would).Ask yourself: What size beds fit best into the space so you can still move around (w/ luggage)?

I talk with other investors who have had problems with their builder's every day.  

The current tenants are on Month to Month basis while the property is on the market. 

I lived in the Tampa Bay Area back in 2010-2016 and it’s incredible to see the amount of growth that has occurred and still continuing everyday..Josh has assisted quite a few of my clients with their STR needs and I know that you are in great hands @James Thompson!