In addition, the City of Cape Coral has updated codes and ordinances related to short-term rentals that are now available in a searchable database provided by Municode Corporation (3).Short-term rental limitations have been an issue in coastal communities in Florida, including Cape Coral, where investors can buy property and rent it out for short periods at high rents.

Used a HELOC on a primary, and was sure that even with that additional debt-service, there was + cash flow.

My kids would say that you sound like an angry elf.

When I was a kid I had one credit card with a $500 limit. 

Contact me directly for any additional details.I didn't think about that but I will. 

Hey Elizabeth - I'd factor in about $10k to get a padsplit up and running when it comes to furnishing which would include washer / dryer, additional fridge, bedding/desks, common area furnishings if you want to offer a little better experience.I'm only familiar with ATL - I think accounting for 1 move in / 1 move out per month is a good conservative assumption here.$8kish / year or so on routine and reactive maintenance combined which should include your cleanings, lawn care, maintenance calls ect. 12% per month of gross rents should be a good estimate if you want to look at it like that!

Additionally, asking me to disprove your assumption doesn’t seem logical.

To mitigate risks, I strongly encourage getting a home inspection to fully understand what you're buying.If the property checks out, this area can be a great addition to your portfolio.

All have proved helpful but still feel like I need some additional support.

They also offer a small business plan if you need additional functionality for rentals.