I'm going to exclude my personal residence from this because I don't view this as an investment, I need a place to live.Excluding my primary residence my current breakdown is 47% real estate 53% stocks/cash. 

Find out what financial problem you are trying to solve in the short term until your able to get to more "long term" problems that real estate helps with 

Congrats on your pre-approval and your plan to make Florida your primary residence while leveraging house hacking or short-term rentals (STRs).

Looking to add some unique features as well, but some of the draws would be a hottub and stocked pond to fish from.

The property, though is not beach front, nor does it has ocean view, is just a short drive from some of the best beaches in the west, which are great for surfing, snorkeling, SCUBA diving.

We were heavily invested in the stock market and wanted to diversify. 

Quote from @Matthew Becker: It depends on how short you are. 

As a starting point: -If they work full time and make $700k a year -Don't want to or can't spend time self managing a short-term rental -Don't have a spouse who wants to take the lead on managing the rentals They are likely not going to directly reduce their taxable income with real estate year-to-year. 

You post makes me want to remind everyone that florida isn't an easy market to enter short term rentals.

I've never heard of Kin, but I too am in the market for short term rental insurance.