They can make sense depending on your tax liability, as it did for me. 

Same with STR's, you have more opportunity to change rates depending on time of year which this time of year is great for Phoenix. 

Prices in Florida are pretty high now, so, you might have to do some digging if you want good cashflow, depending on your strategy.

However, how much they’ll see can depend on brokerage policies, so it’s worth confirming with them directly.Transaction Coordination: It sounds like you’re used to having a support system in place, so doing it solo may feel a bit different at first.

Depending on your situation, you may want to consider having the tenants sign a new lease.

It really depends on how quickly you think you can pay back the loan.

Quote from @Danny Milligan: It really depends on what you are rushing on for the repairs..

Had I known about this I could have given some possible insights, depending on where it is of course.

The underwriter of your loan may want to see your current property be leased and make sure that it covers your PITI, but that will depend on the guidelines of your lender.

Also pricing tends to be in the $250k+ range for SFHs, so cash flow may be difficult depending on how one is financing the deal.