Make sure to comp out rents and figure out the summer season, screen tenants, etc.

Jorge, I love Florida RE as much as anyone, but I would not count on insurance premiums decreasing, let's just try to get through hurricane season unscathed.

Just get a firm exit strategy in place (and a backup) for financing before you take action - most cashout refi products have seasoning requirements these days. 

Welcome to BP Jarrod,These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.

Airbnb/VRBO will not take the guest side as they are booking a home in an area prone Hurricanes during Hurricane Season. 

So, this skips the need for a cash out refi (saving that cost and avoids seasoning issues) 

Just make sure you know how your going to setup your take-out/permanent financing before you start this process as cashout refi's for conventional have seasoning requirements now and delayed financing has rules and timelines as well. 

Regular long term rent: $750Airbnb ( only opened 2 months ago) : earning about $2800 on a not peak season. looks like it may hit the 4000 mark in April/May peak season....It is no more than 5 hours of work per week if you do it efficiently and find a reliable cleaning crew.

At the very least, you’ll have a point of contact lined up to contact when you’re wrapping up the rehab and ready to start the refinance.In order to use your appraised value, there are lenders with requirements ranging from ‘no seasoning’ to 6-month seasoning.

. * all the above means the company does not care about you 3) If you hire an individual or a small business, make sure they are seasoned.