I don't want to take that lightly without  thinking through all the scenarios. 

In light of these circumstances, I'm seeking advice on the best financing options to address this costly project if insurance coverage falls short.

These pictures pick up more light and ambient light at night for a better picture.

Can anyone who is experienced in the Cape Coral market shed some light on their experience with short term vs long term rentals?

Your expense underwriting is probably light. 

I would start with a light rehab and go from there.

Also, what I meant was I am looking into using business funding NOT business credit.I just want to assist my partner in some additional funds to rehab the property under a conventional or 203k loan (light work not an entire rehab since there are two types of 203k loans) instead of going to hard money lender because we plan on living in it for a year under and then selling it.

It mentions some of Arbor's clients and not in a positive light.

Exploring the Real Estate Scene, in Palm Beach; A Report for February 2024Imagine the sun setting below the horizon casting a light over the beaches of Palm Beach.

I would tread lightly.