Quote from @Lucas Martinez: Quote from @Theresa Harris: They are renting the entire house including the garage and yard. 

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.

However, your answer could include, but is not limited to:Market Focus: Would you stick to cash-flow-heavy areas, chase appreciation, or go after niche markets like short-term rentals?

Alternatives include Stessa (free) and Buildium (more robust, pricier).For testing, a phased approach is generally best.

Without getting too deep into the weeds, there are a few ways to do this, including:- write up an assignable lease and an option to buy which the seller signs, then assign the lease and option agreements to a tenant-buyer.

Second, your lease should indicate what items are included/covered by the landlord.

From that point, I’m able to put down 20% of a (350,000) house - ( including closing costs) every 10 months or so.

But the garage is not included since I need it for storage of my tools and supplies. 

However, this price does not include a finished basement. 

Griswold – A great introduction to the financial side of real estate investing, including bookkeeping."