Rent, Expenses, NOI, Cash Flow, COCR, Cap Rate, Market cap rate. 

If it's currently an STR they should be able to provide you with the p/l statement from prior years so you can see gross rents, operating expenses, average daily rates and occupancy levels.

Investing in "Cheap" cities are not always cheap on the long run.

I've owned student housing as far as 4.1 miles from the University of South Carolina campus.In my experience, the only reason kids would live that far away is cheap rent.

They also offer a cheap and efficient way to skiptrace and send post cards, you can even design your own with their creator.

The interest rate on a HELOC or Heloan may be better than the personal loan. 

For a cash out refi, you are generally limited to 75% LTV and rates right now are in the mid 7s for good credit and a DSCR over 1.0. 

The higher the cap rate, the more risk involved in the building. 

Also I've heard of some DSCR loans that are not too far off from conventional rates.  

Fort Lauderdale has higher purchase prices and nightly rates, but Pompano has had an influx of investment and continues to improve, specifically by the beach.