Quote from @Ryan Harrell: Hi Benjamin, The answers to your questions ultimately depend on your risk tolerance and investing goals.

Hi Chris, there are several options you could consider, but it would all be based on your risk tolerance. 

With 20 years of experience managing 30+ long-term rentals, a few STRs, and running a property management company in Central Florida, I’ve learned both have their place in a portfolio if you diversify based on your risk tolerance and the timing for your goals.

What works best really depends on your goals and risk tolerance, but here’s a quick rundown of what I’ve seen happening in the area:STRs: These are still solid in vacation-heavy areas like Naples, Fort Myers, and the barrier islands.

This one I did 50/50 with a friend makes it way less stressful and allows me to do two projects at once without overdoing my risk tolerance. 

It really depends on your goals, time availability, and risk tolerance.

You are going to get conflicting responses on this because a lot of it comes down to your plans and your tolerance for risk, which are things known only to you.

Each of us are in a differentsituation and have different Risk Tolerances. 70% of us are Mom/Poplocations, thus will probably only Sale once in our lives.

As bank’s risk tolerance shifts to being more cautious, less non-recourse loans are available.

What is your Risk tolerance level?