I can't give advice on Orlando and Miami (I don't live in these cities or know their markets very well), but in Tampa you'd be hard-pressed to find a property that will be $60k total for price of property + the cost of renovations.

It might be better if you could try to save up for another down payment for a second building and do an owner occupied 3.5-5% down payment and move into a 2-4 unit and keep the 1st property because I really feel like you’ll be very hard pressed to find another deal that will cash flow that well again.

As a property manager navigating the complex and dynamic world of real estate, one of the most pressing and recurrent questions that looms large is whether the exorbitant prices of certain properties are solely attributed to their neighborhood.

Short of owner occupied options such as FHA, I think you'll be hard pressed to find financing better than only 10% down. 

There are some other criteria in link belowhttps://www.sec.gov/news/press-release/2020-191

They only say the assumption process will take several months and they can't the process the application any faster, as they have a lot of work load and its been over 75 days now  :( (Oops pressed post before my comment was complete)As for the STR, the HOA rental restriction is maxed out for the complex so I can't rent the place out  :(

Press the latch then release it to get the key."

If you're only able to send 500 pieces of mail a month you are going to be hard pressed to get a deal in any reasonable amount of time because it's a numbers/volume game.

Hot off the press.

You could hear the squish when you press down on it.