For more info, my family is in the middle class and are working through the typical American Dream.

I have local lending partners at the ready if you need a referral, one of whom can now finance beachfront condos and condotels with only 15% down instead of the typical 20-25%.I follow KeyData metrics for vacation rentals.  2024 has been a solid year for Myrtle Beach short-term rental owners. 

It's definitely more common up there (Gilpin County where the regs say you can camp for 30 days with a camping permit and neighbors are typically less likely to complain/ code enforcement is less likely to notice and enforce).

The only thing you typically have to pay up front is the appraisal (which can hopefully be paid for with CF from that property).  

To get above $700 your typically looking at a very nice 3 bedroom unit, possibly a side by side to get all the way up to $750.

Faster is better but you don't typically need the fastest available. 

Get all your documents together and be specific, without emotion or personal attacks. https://www2.myfloridalicense.com/real-estate-commission/complaints/When a complaint is filed against a Broker, the first thing the commission will typically do is contact that Broker and let them know the complaint exists.

It is typically the 3rd Thursday of the month.

Hi Tim, 60-90 days is typically when we reach out to our tenants regarding renewal options.   

Typical activities that count toward material participation include managing bookings, communicating with guests, handling maintenance, and setting up the property (e.g., furnishing, updating the deck).As for the rental days, there’s no strict minimum for the year, but the STR loophole generally applies when average guest stays are less than 7 days.