@Katrina Dividina  you are experienced so hopefully this is just forum-splaining :) just make sure the zoning allows it...sober living is usually addressed individually in the code and has its own hoops.Banks are charging 7.9% now and probably up so I would want a deal on the rate from the owner--where is he going to get 8%??

. ;-)  BP has changed, Mike Hern is happy doing his thing and BP carries on.I don't about the mike hern thing but self promotion is, by far, the #1 problem on the forums for experienced investors. 

Then I would co broker deals with someone experienced in the field, learn as much as you can before you start venturing off on your own. 

When you have established the operation agreement of the LLC correctly, this will allow you to operate and be protected via the LLC while having access to great financing options.This should be a pretty easy task for an experienced attorney.

Any tips from those who have experienced the same anxiety?

Potentially "flipping up" once or twice between now and then, eventually retiring to the property, or selling to acquire a retirement property there.I'm an experienced, long-time licensed agent in Atlanta and have done many fix and flip deals in the Atlanta area, but really don't have any experience with STR or MTR, especially in Fl. 

She owned the property for about 12 years and although she didn’t believe in ghosts and communicated to me she never experienced anything she had guests who still would tell her they had seen the woman in the master bedroom where we had so many experiences with her.

I worked as a Panama real estate agent for several years and provide content writing and marketing services for Keller Williams (KW) Panama.The property transfer sales tax is actually 2% of the total value of the property and not 11% as another comment suggested.Yes, the Panama real estate market is low after experiencing a boom for nearly 10 years.

I experienced more than 95% delivery rate and more than 20% response rate on Launch Control.  

I'm guessing there are subtleties that I'm hoping someone more experienced can share with me.For example, I got a part-time RE agent (which I've since learned might not be the best idea) from Zillow for a listing I'm about to make an offer on.