I would have about $100k - $120k in equity before agent fees, closing costs, and capital gains tax if sold.

It's possible your loan officer had factored this in already, but you will typically need to have a signed rental agreement in order to show that your existing property should not count against your DTI.

This maximizes rental income while you crunch the numbers, ensuring positive cash flow after factoring in all expenses.

That means that even at $150/mo cash flow, you're just one association fee increase (or special assessment) away from losing money every month!

But from 2020 through 2023, we experienced a market imbalance fueled by a number of factors:  Revenge vacations resulting in not enough supply, cheap money, and lots of sunshine pumping by "seasoned" real estate pros.So if you bought in 2019, it's likely that today's numbers are working out quite good for you.

Its also more cost efficient compared to NY in terms of fee's and overall costs to set up LLC.When I set my LLC up in Fl it took literally 15 minutes and you will need to get your Tax ID/IEN set up so you can get your business checking account set up with a local FL bank. 

Yes there is a Foreign Transaction fee but it is miniscule. 

That would mean to hold the property long enough to build equity and not lose money, which means several other factors need to favor you at the same time. 

First variant factor for valuation is conversion factor of gross to net revenues, both in current realized and potential.

We all understand you want to save on fees and have the lowest rate.