Nashville is a ridiculously competitive market.

Your home needs to be in good shape (sounds like it is) and very competitively priced in order to have the few looking choose it instead of another option. 

wild. 8. if you dont want to close in an LLC, you can still close in your personal name. 9. there are lenders with competitive rates if long term rents are greater than 1.1 of debt on the property (PITIA). however, there are also lenders who will allow you to do 80% cash out refinances with DSCR if DSCR ratio is 1.0. there are lenders that allow you to buy real estate at 20% down EVEN IF DSCR ratio is only 0.8. which means the rents are less than the debt on the property.

I don't have experience renting in California, but if your competition includes it, I'd probably want to consider it too.

While competition hadn't changed dramatically, we noticed some of the competition had pushed up rents on other 3 and 4 BRs in the area.  

Even if you're in a local 50+ league and want to be competitive, a coach is probably over-kill.

Southwest Florida is definitely an exciting (but competitive) market, so props to you for diving in!

If you've got people fighting over your listing and competition trying to get into the unit, then you're too low.  

Encore, you would need a membership, if you purchase in the new phase (Spectrum ) they automatically come with the amenities (membership) included to your guests, but the HOA and management have other restrictions and all units come furnished with the same packages, so you can't make changes to have it stand out, which is what is really needed hear in Orlando since there is so much competition. 

Both strategies have potential here, so it depends on your goals:Strategy 1 (Duplex) can be a solid choice for building equity and generating cash flow, especially in Austin’s competitive short-term rental market.