The house will need a new fence soon, so I'll have to factor that into the scenario.I'm not sure which choice is the best option for me.

Each potential buyer has come to their own conclusion that it would be too much hassle and risk to manage in this fashion vs a traditional rental even though the average cap rate in our area has been half that at best.

There may have been better choices for a rental at the time.  

Banks don't lend so little on traditional mortgage and hard money lenders don't go there , so no option for average Joe to get a qualified mortgage or for Jim the Handyman to finance it.

They’re not a standard DSCR collateral choice.

So the choice of tenant would be key.On the flip side, reasons to hold: a very low mortgage rate; probably not the case. 

I, like Jarrett, work a non traditional schedule.

As of lately, the traditional BRRRR is not working with the higher rates and low inventory as, others have mentioned. 

I’ve worked with a lot of investors and property managers in both Texas and Florida, so hopefully, I can help you sort through the options.Florida VibesFlorida could be a fantastic choice if you’re leaning toward short-term rentals.

However, we often facechallenges in sourcing suitable properties through traditional MLS listings.