It's already headed there.And that's while we operate at all-time highs for travel in an economy where travel demand has remained at peak. 

A buddy of mine invested early in that area, and let's just say he's not regretting it.From what I've heard, these massive projects tend to create ripple effects in the surrounding neighborhoods.

If you have a partner / other llc member you can adjust Operating Agreement accordingly to have one person credit qualify. 

She has informed me that she is actively working on furnishing the home to operate as a STR should I decide to proceed.I have not closed on this property yet as I'm still determining if it will be a viable investment option for me.

There is some gray area here from the seller's perspective as not all brokers operate at the same level as I do. 

The LLC would collect rental payments in a business account and make the monthly payments on the mortgage operating like it should.

You will have higher premiums if the property is not operating within a formalized 503c nonprofit entity. 

Hey Jessica,Your post brought back memories of a friend of mine who's an investor in Tampa.

Check with your local boots-on-the-ground team to learn about how that particular HOA operates.

Including financing strategies and cost of operating.