Things like your vacations, entertainment, toys, food, clothes, housekeeping, pets, guns etc.

.: Hello everyone,Looking to start investing in STR - vacation rental out state in Florida.

After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.

I would pick a major tourist destination where it wasn't saturated with STR's already.That would take some research but you could google top vacation destinations and find a place you would go on vacation.

if that voids the lease do we need to vacate that same day?

Tell her if she doesn't agree to the new rate, she give notice to vacate and provide move out instructions. 

That is not my usual style of vacation.

Currently my goals for 2025:Complete/add six flip projects with a COC return of 20%+Fund two private money lending dealsExplore converting a duplex unit into a MTR if tenant vacates

Depending on your goals, this might be a nice vacation property and to diversify your portfolio.

Most states allow you to enter with notice for a valid business reason, and checking the condition of a property that has been vacated is certainly a valid business reason.