You'll be able to meet seasoned investors that can direct you in the right direction.

Or STR the highest season for the most income and then MTR the slow months. 2.

If it does sooner than later, or really at any point, it means destruction in the economy and if you were waiting you are probably impacted by this destruction.Rates moderate and season here for some time with opex being a persistent headwind.

Some are led by seasoned investors with a wealth of knowledge, while others may be run by people with minimal experience.

When doing them, it is best to be in and out as quickly as possible and preferrable during the storm "off-season".

We want to see equity, seasoning, a quality borrower, and good terms. 

Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?

Also, how do you factor or account for an area/town that experiences lots of seasonal tourism, compared to the town that does not? 

Seasoned investors typically have contingencies in place and work to diversify their portfolios to mitigate these risks.4.

Sept is seasonally slow here in South FLL.