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Any contract or suggestion they give seems overpriced, whereas contracts/work I've found seems to be much more reasonable. 

I would also ask them about cash for keys since I would initially offer the tenant this. 

If this sounds like a path you and your husband find promising I suggest making a thorough contract to ensure the security of both parties.

If you have it on Zillow, suggest advertising it as a SFR, NOT MFR!

She is offering to refinance one of her homes that is completely paid off.

I think the right investor would do 2 units long term one unit short term. this strategy allows you the greatest flexibility. we are also developing an extended stay hotel that's 58 rooms. the size of the average room in that is 216 square feet and rents for a target $80 per night. our development cost per room is 100k per room with hard construction. the smaller you go the more money you make. if I was to suggest anything it would be to focus on the smaller part of the market and on multiple unit dwellings and finding and identifying markets that meet similar numbers. that will probably be midwest markets.

I'm eager to learn from others and connect with like-minded individuals.In addition to learning, I'm happy to offer services in exchange for knowledge or compensation as I continue to grow in this industry.Looking forward to connecting!

Both Orlando and Tampa offer strong rental markets, but your choice depends on your goals.

Of course, if we have another available unit that's similar to the one they were looking at, I'll pivot to that and offer to move their current application over to that unit as long as they would still qualify under whatever the new unit's rent is.