He intends to turn it into a short term rental. 

Pensacola has a lot of potential, and I’ve seen investors do really well in the area with both long-term and short-term rentals.Since you’re just getting started, here are a few tips that might help:Know Your Market: Pensacola’s mix of military families, college students, and tourists means there’s a steady demand for rentals.

Investment Info:

Single-family residence buy & hold investment in Oceanville.

Purchase price: $355,500

Cash invested: $75,000

Rental Property near community college

What made you interes...

come on now.. we all know these are fake lenders.. its simply not real.longer term fully doc  sure.. 

This is very common, and highly successful.

@Muhammad Kashif Flipping a property in 6–9 months results in short-term capital gains, taxed as ordinary income (up to 37% federally, plus NJ state taxes up to 10.75%).

We also just purchased a house in Oliver, WI that we plan to run as a short-term rental.

Does anyone have any experience with short term rentals in PCB?

If you had $50K in a Self direct IRA how would you leverage that to yield short and long term dividends? 

I've helped 6-7 different investors move money from Oregon to Wyoming in the last 15 years and they are all happy they made the move.Consider finding a market that has a better long-term outlook, economically and legally.