Just to add ,  not every inspection covers a visual of the septic tank . if they run the water and all mechanicals, they are working fine . other than a visual there are no signs of it not working . 

•Best Neighborhoods: Which areas tend to attract the most renters?

Its proximity to major attractions, businesses, and vibrant city life ensured strong demand from both tourists and professionals.

Overall I would say it is a great area to live in, because of jobs, cost of living, laws in place (this one more for the landlords), attractions, colleges, etc.

These updates include modernizing the interiors and improving the overall appeal of the building to attract tenants.

I think identifying these markets that have a history of vacation rentals (so STR regulations are not worried about), near State or Regional Attractions (alot of national attractions may be priced out but not all), while also being affordable for the average STR investor.

Known for attracting retirees, snowbirds, and international buyers, Florida’s real estate market sees consistent demand regardless of the season.

While there are many options on the market, targeting neighborhoods with consistent renter demand and investing in well-maintained properties will help you attract tenants more quickly and reduce vacancy risk.

That should attract a savvy renter that performs well because they want to protect their credit or the large deposit.

The additional income from STR could justify the renovation costs, but it requires active management and market awareness.LTR or Break-Even Strategy: Renting long-term might simplify things, but if it only breaks even, you’re right to consider if appreciation is enough motivation to hold.DIY Basement: DIYing the basement could increase STR appeal without the full $50K outlay, especially if extra space attracts more bookings.