.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else. 

I am hoping to connect with other like-minded investors that have or are currently in this process. 

Keep in mind the 6% tax rate for second home/investment properties is based on a taxable value and then a local millage rate. 

Keep in mind that this comes with high turnover, and (often) students who will beat the hell out of the property!

I don't mind setting things up on platforms like AirBNB and VBRO and even setting up my own website for direct bookings. 

I know of a lender around 7.3%, but curious what everyone else is seeing.Keep in mind, we're talking DSCR, not conventional.

I appreciate it.john Your plan seems well-thought-out, but I’d keep a few things in mind.

There are opportunities out there but some strategies are risky. 1 - Airbnb (STR) comes to mind - very competitive, very saturated and becoming highly regulated.2 - Most STRs are transitioning to MTR so that market will be saturated soon if it isn't already.3 - Insurance crisis in florida is getting bad so those costs will eat up cashflow and short term appreciation.

Thanks for your help, I really don't mind where it goes. 

So far no where comes to mind, but I'll do some research.