IMPORTANT:--Guest communications, including setting up your automated messages--Price adjustments (key into seasonal pricing and important events in your area)--Listing description and noting amenities--Guest reviews--Learning from experienced hosts with great reviews (you can do this on many social media sites, including the Facebook group, Short Term Rental, Long Term Wealth)UNIMPORTANT:--Watching your Ring Doorbell camera--Obsessing about minute details that other hosts are freaking out about--Being a control freak about ANYTHING related to this business. 

You will be able to exit that property and pull some cash out to put down on another property.Few things you can do to ensure you can refinance the first home like buying an older home.

People might even use them as affordable mountain homes during ski season.  

Additionally, why is your capital expenditure so high — is this an older property?

Mine is still in the beginning stages, so it would be invaluable to me to learn what information is most significant to some of the more seasoned investors on the forum.Thanks!

My main concerns about Florida include: Chinese Drywall (very toxic; found in older homes); HOA Restrictions; Lots of people/crowds; sinkholes (properties sinking into the ground); Red tide (dead fish found on beaches due to algae bloom); Homeowners Insurance costs (w/older roofs); Mold; Hurricanes/Flooding , New construction (not always built to quality)... these are the most common issues found in the Florida market.What zip codes would you recommend for a single family investment property under 300k to mitigate these concerns? 

In modest older homes the floors are often some kind of pine which is a softwood.

While ours is a decidely blue collar neighborhood, it has the benefit of a lot of older neighbors who have been in their homes for years if not decades.

To get a feel for what history can teach us, talk to some seasoned investors who lived through the real estate market from 2007 to 2010. 

thank you for the info ...this llc was an older business i had, and sold/losed in 2015. no claims or negative  sorry tmi lol