@Joe Villeneuve Block Buster, Toys R Us, Sears, Kmart, and Borders all were corporate guarantees with solid credit at one point in time.

I recommend a community bank close to the property, to include credit unions. 

They don’t move in parallel… they are more “realiable” these days.I could guess in your situation is you fall into investment trap where your limited choice of investment may make you decide for sub optimal investment.but one tip if you decide to go into 40% down dscr 1 ; make sure your neighborhood appreciates higher than national average that way if market drops you know there is organic demand in your place.

We have a set limit that we have for credit ratings.

The owner of the property had the property and it was two parcels. they paid off the loan and then got a line of credit where the line of credit was only one parcel.

are there any advice or tips on how can invest in STR properties in florida with bad credit?

Additionally, be sure to have a solid business plan in place to present to potential lenders.2) In addition to a construction loan, you could also explore other financing options such as traditional mortgages, lines of credit, or even private investors.

You also cannot refuse to rent to someone solely because they are a Section 8 voucher holder.Screening tenants: While you must accept Section 8 vouchers, you can still screen tenants based on other criteria such as credit history, criminal background, and rental history.

The downside with Heloc is that the rates are in the 12-14 and its not fixed as they are adjustable like a credit card.

After you have lived there for 12 months get an approval to build or buy another 2-4 unit home to start the process all over again.There are some tips and tricks to speed up the process to ensure you can buy or build another 2-4 unit.