Here’s a quick breakdown of our financials:Operational expenses (excluding mortgage): $33k (Jan-Dec 2024)Annual mortgage payments: $58kTotal needed to break even: $91k+Income earned this year: $80kClearly, we need to bridge a gap of about $11k just to cover our expenses, and I’m exploring options to increase profitability.

If your current lender can’t accommodate you, explore STR-focused lenders like Host Financial or Lima One Capital, or consider bridge loans to buy time while you build your rental history.

Hi BiggerPockets Community,I’m exploring the idea of renting my 5-bedroom property in Tampa, Florida, to traveling nurses and could really use your advice! 

There is loans that cover the purchase and rehab so you could explore that.

I’d recommend focusing on building connections in Denver, exploring local markets, and considering strategies like house hacking or buy-and-hold investments to help you reach your goal of becoming a millionaire by 2027.Good luck!

If you want help structuring a scope of work or exploring different financing options, feel free to reach out—happy to offer insights!

If your HOA would allow it, I'd definitely explore that since you'd be back in town for a few months out of the year. 

Each week, I analyze the MLS, exploring cities and towns across South Florida to identify areas favorable (or not) to short-term rentals.

Would love to hear the community’s thoughts—especially from experienced landlords, property investors, or those who’ve explored fractional real estate investing before!

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.