Hi - congrats on purchase, Championsgate is a great STR area, as somebody who owns and manages homes in the area, I would suggest you use a STR broker, Fudge insurance are in Orlando and specialize in STR homeowner insurance, we use them for both our properties, but also other insurance needs.

Any opinions or suggestions are most appreciated.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Any suggestions and recommendations are very welcomed and appreciated!  

As I stated above, please exercise caution and make sure fully executed documents are received prior to wiring funds.

Does anyone have any advice or suggestions they can give a beginner such as myself?  

So, would you suggest doing this and putting him in 1st position, once the home is completed have him removed from 1st?

Suggestions?  

Regarding your mastermind idea...I strongly suggest you come to our Chicago meetup this coming Saturday...we switched up to a mastermind format, and if you like it, we could figure out a way to partner up and start a suburb version.Here is a link to the meetup:  https://www.biggerpockets.com/forums/521/topics/1230572-chic...RSVP'd thanks for the heads up🙂 

I would suggest looking into private financing options.