Find a STR that cash flows (yes there are plenty as long as you are not looking in Orlando), purchase and self manage for the first year, find a CPA that specializes in the cost seg, and then you can find a PM or continue self managing.  

@Zach PendrySo they are saying past twelve months no tenant has missed a payment and they have had continuous 100% occupancy.

The biggest challenge is continued profitability. 

@Cory Iannacone 2% rules disappeared in my market around 2019/2020 as rates went down and prices continually went up.

If you are struggling for payments, taking out more to do renos is a bad move, especially to hopefully add value to the house (not all renos are necessary or add value to the home).Give us the numbers for what you are paying for the HELOC. 

So the "Act of God" will continue to happen.

And Sellers will continue to do these deals without advice of council.

👏 👏 👏Here’s to more milestones and continued success!

That said, over a long time horizon, and for investors who are willing to take chips off the table and not continually double down on PML, it's a great return and the spread is large enough to make a big difference.

The long-term impact won't be known for a while as investors, homeowners, insurance companies, and the like make changes in the coming months and years.I believe that the Tampa Bay Area will continue to be a good market overall as the foundations are solid.