Partnering with Seth Choate provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

Not sure about Subs, but the whole Contr playing field sounds a lot weaker there....just a hunch2) This could just be the people you are attracting or getting unlucky with....just a run of bad luck.

Beasley provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

Partnering with Julie Bilyeu provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

To mitigate this risk without using an LLC, consider:Umbrella Insurance: This provides additional liability coverage beyond your standard homeowners insurance.Equity Stripping: This involves placing a lien on the property to make it less attractive to potential creditors.Land Trusts: These can provide some anonymity and protection while allowing you to maintain personal ownership.Insurance:Ensure you have comprehensive insurance coverage, including:Property insuranceLiability insuranceFlood insurance (especially important in Florida)Loss of income insuranceLegal Structures:While you've decided against using an LLC, consider consulting with a local attorney specializing in real estate investments to explore other potential legal structures that might offer protection without the tax implications you're trying to avoid.Property Management:Given that you're based in Europe, consider hiring a professional property management company to handle day-to-day operations, tenant screening, and maintenance issues.Market Research:Thoroughly research the specific areas in Florida where you plan to invest.

Partnering with Ron Rowan provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

"Attractive cap rates and medium to low vacancy" is spot on.

How many more vacationers can Gatlinburg and PF expect?  

It is a 3 bedroom with 1 bathroom. 1 bathroom I don't believe will be attractive to potential students.

I would look at comps for high durability designs that are still visually attractive.