For an STR, the lender, assuming they are STR friendly, would likely use AirDNA projections, historicals from the seller (if they exist), or an STR 1007 market rent schedule to qualify the rents.

But they do exist! 

Some of my clients' existing co-living investments are absolute cash cows. 

In TN if they do not attend this inspection their rights to object to the condition of the property is pretty much non-existent. 

Will the existing 75% occupancy cover the new mortgage debt?

new construction is very strong right now. deliveries went up every year in central ohio. existing inventory saw a 30% or more drop in unit sales but new construction has grown every year in terms of deliveries and sales. you are selling below what most new construction homes are selling at and also existing homes are selling at.

Pretty rare but does exist.

Paid off our existing home in 2023. 

Augustine does have an existing set of well-defined STR regulations.I'm not sure about Jacksonville but maybe @Brett Nissen can chime in and educate us?

They have to run 2 new wires (100 amp each) underground but still carry the same load as the existing one (200 amp).