You have two options: attempt to gather these resources or collaborate with an existing team.

(I would not specify how much.)If the property needs a ton of repairs, then even buying it subject to the existing mortgage may not be enough to make this a viable deal.You need more info, and fast!

For example, some areas SFH may exist but the clientele that move into them have to be comfortable with the neighborhood dynamic.

The PM in my mind has the right to lay out the facts as they exist..

You do have to qualify and be accredited in most cases to join such clubs, but they do exist.

The quaility of old existing units, and the ability of the long term population to pay new rents, blended with an influx of small high end mill conversion units is simply not balanced.

SBA loans can also be used to purchase existing real estate, as long as at least 51% of the square footage is owner occupied (so occupied by your business). 

Is kissimmee still a good area for STR or saturated.

Thanks for all the advice, I'll definitely have to research more as I go about how to build out my portfolio and whether I want to pay down the existing loans or buy more.

The standing plan is to put in mini splits in each unit once the existing furnace finally dies.