If there's less than 20% equity, investors might want an additional discount to make up for the additional risk.

In addition if I paid a tenant to $crew me, it may cause me to lose sleep.

Additionally, house hacking isn’t an option as I have 3 young children. 

in addition on the west coast we just don't really have zombie or boarded up houses.. at least not like other areas of the country we have a shortage of actual housing units.

I can provide additional info as needed.

If you are putting your STR on Sch C and NOT providing substantial services, you will cost yourself money long term and risk the IRS reclasses your activity (which may or may not have consequences).Nonpassive does NOT equal Income from Self Employment automatically. 

Additionally, moisture in the basement with possible fungi growth could mean mold, which can affect air quality and require professional remediation.

Additionally, the increasing cost of living in Florida is definitely contributing to the problem.

In addition, the property tax rate is reasonable but the valuation was going up faster than the ADR then the hurricanes hit and values fell.  

I am self-employed so it was a challenge just to get a loan in general, not being a traditional W-2, but that was finally overcome.