BP is a bit of a “tough love” type community but it is a good one, you just have to curate the advice and embrace the skin-thickening which you’ll need in this biz.

As Darrin and Jim both mentioned, it’s a very supportive community and they embrace new RE investors.

By letting go of my preconceptions and embracing Section 8, I've found a meaningful way to contribute positively to my community while securing a stable income.

But they did.I closed the tourism business in 2014 (a complete loss) and sold the store at a $58,000 loss in 2015. 

It's very foreign investor friendly and a great alternative for those who don't like Mexico.The properties you'd buy in Mexico or the DR are traded in USD so your exposure to the local currency will be limited, which you can see as an advantage or a disadvantage.Colombia has transformed in recent times to become a tourism powerhouse and a favorite for digital nomads.

But eventually, everyone reaches a point where time becomes more valuable than money, and you shift away from the DIY route and embrace a more passive approach.

Tourism is a big industry.

Tampa's economy is also diverse, with strengths in healthcare, finance, and tourism.

When I started embracing failure as a necessarity to succeeding in whatever i did, man what a difference.

Generally, DSCR Lenders fall into three buckets:Traditional DSCR Lenders that do not lend on properties utilized as short term rentalsDSCR Lenders that lend on STR properties, however do so conservatively, either requiring the property to qualify as if it were utilized as a long-term rental; or require 12 full months of documented operating history on a STR platform.DSCR Lenders that fully embrace short term rentals, and underwrite utilizing cutting-edge technology tools such as revenue projections from leading data sources such as AirDNA, financing multi-unit STR properties (even 5+ units) and embracing seasonal vacation markets that don’t have traditional long-term rental markets.Rates have unfortunately ticked up lately - you are probably looking at something in the 8%-9% range if it only qualifies as a STR.