However, this means forfeiting the potential future appreciation of your current property and could entail a time-consuming process of finding suitable replacement properties.

Make absolutely sure that ANY & ALL VISITORS TO YOUR PROPERTY CAN BE CLEARLY SEEN.

Keep your common areas clean and neat, possibly have a house cleaner come in twice a month for these areas if your budget allows it, have solid house rules that you enforce regarding at a minimum quiet hours, parking, smoking, pets, and visitors just for starters and be sure to run it like a business and decide if you will have month to month terms, 6 month terms or yearly terms.

These deals have been going bad almost every day and are only  suitable to HIGHLY experienced real estate professionals who know how to do the due diligence and assess the risk.

Are there suitable alternatives?

Im looking to attack the golf tourism market and am wondering where golfers seem to travel the most. I know Myrtle Beach, Scottsdale, and Pinehurst seem to be popular locations. I am worried Scottsdale may be too over...

It allows you to input specific criteria, such as location or other custom criteria, and then highlights suitable properties.

It's crucial to conduct thorough market research, analyze potential properties, and evaluate their financial performance, including cash flow, cap rates, and projected returns.I recommend working with a local realtor familiar with the South Florida market to help you navigate the area, identify suitable properties, and provide guidance based on your investment objectives.If you have any further questions or need additional assistance, please feel free to ask.

It features a pool and is suitable for both corporate/STR and LTR.

Otherwise, a HomeStyle Renovation loan may be more suitable if I want to keep it or flip it.