We have a lease clause that plumbing issues caused by the tenant that are not the result of a mechanical or material defect in the plumbing material are billed to the tenant.

From what I've seen, think you should have no issues finding something needing some updating to hopefully further build equity and push rents. 

I have scores of posts on BP regarding this issue and HUD. 

After some minor maintenance projects and improvements, have had very few issues and cashflow has been slightly better than expected.

It has not caused any noticeable structural issues.

Looking for permanent structure over being on wheels to avoid RV parking issues with the city and for the property value add with the permanent structure.

Currently speaking with a local realtor about the STR zoning issues, insurance issues, and current/future market in Florida. 2025 should be a good time to look for a property there. 1.

The beauty is that you can easily change your mind on this issue in the future.

New construction is also a solid option because everything’s brand new, and you’re less likely to run into issues with maintenance early on.As for research, I’d focus on the local economy and rental demand.

A contract developed 10 years ago might be outdated in ways that will cause you an issue.