Our current focus is for a family lakehouse / lifestyle play here in TN but would like to work my way into commercial properties, short-term rental facilities, business acquisitions to name a few.

I personally am not trying to build a portfolio of 100 doors, I am trying to build a portfolio big enough to support our ideal lifestyle. - We start with the property vs. the numbers. 

I don't need that in my life.

Market rate is $1100 on the same street for the same style, size, and age of house.The tenant has been there for 25 years and has also worked as a handyman for the landlord on various properties, so the current owner has asked me to keep him there for at least the next year before raising rents.Property taxes from 2023 are just north of $2000.Based on this Deal Calculator it should cashflow month 1.My questions:1.

There are some things going on you will want to be careful of, Daytona has banned STR in many areas and the Condos...special assessments for certain ages and styles after the Miami incident have made a lot of them unaffordable.

Are you going full tenant-style background checks or using something lighter for short-term travelers?

Right now you have $1,000 in cash flow that can be used to fund other projects (seed money), pay you in profit to supplement your lifestyle, or fill in any gaps for underperforming properties.  

Any particular style of house that interests you?

But I have been interested in doing a HipCamp style property.

Every inch of this property has been meticulously updated by professional investors featured on TV, ensuring top-notch quality and style.