So I put $1600 on a credit card for a down payment and then pay $500 a month until the full amount was paid off.

I own the property free and clear and i use the equity as part of my business line of credit.

We have excellent credit and cash capital.

Properties in high-risk flood zones (Special Flood Hazard Areas, or SFHAs) must maintain flood insurance if they have a federally backed mortgage.Flood zones still matter for:- Mortgage Requirements: Lenders use flood zones to determine whether insurance is mandatory.- Community Floodplain Management: Flood zone maps are essential for local governments to manage floodplain development and maintain eligibility for NFIP participation.- Risk Awareness: Flood zone designations still help people understand general flood risks in their area.Elevation still matters under Risk Rating 2.0, but its role is handled differently compared to the old system.Under the old system, elevation certificates were often required to calculate insurance rates.

It sounds like you want checkbook control, @Katie Accashian  In this case, you need a special-purpose LLC.

Utilized a low down payment loan, maxed seller credit, tax proration and closed on the 1st of the month to maximize my cash and acquire this property What was the outcome?

Specialization is for insects."                                                                     

@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals. 

While I’m currently working full-time in the tech field, I'm passionate about real estate investment and am looking to dive into this space, particularly in multifamily and commercial properties.I’ve recently passed the state real estate exam and am eager to connect with firms, realtors, and brokers specializing in real estate investment.

Let them pay the deposit with a credit card.