We went back and for and have agreed upon terms verbally.

Pensacola has a lot of potential, and I’ve seen investors do really well in the area with both long-term and short-term rentals.Since you’re just getting started, here are a few tips that might help:Know Your Market: Pensacola’s mix of military families, college students, and tourists means there’s a steady demand for rentals.

Confirm that the provider has experience with the particular investments in which you intend to invest your retirement funds as you very likely will have questions in terms of the mechanics (e.g. how do you invest in real estate, etc.).4.

However, for a possible new owner who wants to launch a STR in the springtime of 2025, we wonder what the future may hold in terms of permitting for a new STR, grandfathering of an purchased home that was already a STR, etc.

Prior to last year, effectively any SFR was eligible for a short term rental license.

I have a mix of long term rentals and STRs and rent some of my STSs mid term in the off season so I am happy to share my thoughts and experiences with each strategy in this area.  

On long-term rentals the bank likes to see signed leases which clearly you can't have with STR. 

Quote from @John Warren: @Mordechai Chaimovitz cap rates and NOI are commercial real estate terms, and 1-4 units are not really valued in the same way.

Hello everyone, I am analyzing the Indio, CA market as a short term rental investment and we'd love to speak to someone who is self managing their own vacation rental.  

If it has any basis at all (such as you left the apartment during your lease term for what you felt was a justifiable reason and stopped paying rent, but the landlord disagreed) then you may be better off paying a rather small settlement.