The STR is a hospitality play.

Doubtful this scenario comes into play.

A couple factors that come into play when assessing cost:1.

Not seeing any real gentrification because of that, IMO.On the positive side, we do finally have a new Mayor that is actually from the City, but so far he seems to be playing the same games as his predecessors.

I guess an appreciation play would be the only thing that makes sense over here.

She found a dead mouse in kitchen.

., the actual management of the property & tenant play a large roll in how long tenants stay in their home.

For our next play we want to get into a single or multi-family, and preferably participate in what seems like a booming market in Florida. 

Quote from @Daljit Singh: Unfortunately, you will have to play this out.

I'm still playing with the layout and trade-offs.