Got the verbal loan approval this morning for our VR purchase, closing in about a month!  

We love Hawks Cay and many VR in there.

Reading many of the posts on this new forum, I know there's a lot of interest in STR and VR properties.

Anyone knows a Real Estate agent familiar with VR regulations in Miami?

I am looking at buying my first rental property and debating between a single family or VR.  

V/r,Dawn

First off, I am not in that business, but as a builder in a coastal area where there are many Vacation Rental properties, and having properties that would work for such a use, I have given setting up a VR a lot of thought as far as what's needed, costs, etc. because I'd like to eventually be able to keep some of our properties for that use as they're in the perfect locations.

VR, Anna

People will just find a VR closer to home, they will still find a way to go on vacation. 

But you don’t need to buy 20 props a year to kill it in the VR space and every year your dti should get better thus increasing your borrowing capacity if you play your cards right.