Many title companies will not do a double close. 

Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.

But I don’t know if it’s an exaggeration to say the number of landlord/tenant laws has doubled in the last 10 years.

@David WaltonAttorney's are great - ask a real estate attorney about this though to double check.

Refi puts about $17K in our pockets now but literally EVERYTHING is new so it shouldn't need much except the occasional repairs here and there.  2) The property sits on a double lot. 

First Heloc rates are double of what mortgage rates with an average of 9.50% up to 15%.

On-market times have nearly doubled compared to 2022.

It should be, but I would double check with a CPA knowledgeable with STR.

Insurance may be 1.25-1.5% of the value of the house. taxes are low.On the operating cost side, electricity may cost double what you are used to.Just my thoughts. 

In Crystal River, it sounds like your agent has a good handle on the current ordinance, but it's always worth double-checking and staying informed about any potential changes that may affect your investment.