The most frequent now is a buyer assumes the tenant on purchase, then immediately issues eviction notice, based on their desire to occupy.

With that being said, I think you should look into mid-term rentals so you'll be able to plan your next move with more ease and don't have to worry about all the common STR tenant problems in a place where you live frequently as well.

The property is 4 minutes from the Hard Rock Casino, 12 minutes to Hollywood Beach, and 25 minutes to South Beach.

Maybe works if you plan to self manage, but if you are hiring a PM, turnover costs for this type of model would kill all your cash flow if the PM is charging a full month's rent for each turn.I would also imagine this is partially a result of municipalities cracking down on STR's more frequently. 

Or are closing dates frequently un-met?

Here’s a list of items that are frequently overlooked by business owners:Furniture for the office:ChairDeskBookcasePrinter tableComputer hutchAn easy chair or sofa to read technical documents or take a breakPaint for the new officeCell phoneCarpet or a rug for the officeInternetTechnology for the business used in the new office:MonitorsComputerMouseKeyboardScannerPrinterComputer cablesSwitches and routersOffice suppliesPeripheral equipmentToner and ink cartridgesPaperDecorates, draperies, wall hangings used in the officeFramed artwork or diplomasObjects of inspiration or artSound system if music makes you peaceful or inspires youAre you currently using the home deduction for your real estate business?

One question that I get asked frequently is how do I find work life balance?

IF it is an airbnb/vrbo, you will need a cleaning service and likely more frequent check ins, but the potential for profit is higher, especially if you are near the beaches.

I frequently use Linkedin to vet how seriously I should take an argument. 

I just think it reduces a lot of headaches to buy perhaps where you live, or have lived and know the area well....when you are on property 10, then if you want to venture outside your comfort zone, take a chance.Pretty frequently I have out of town investors call me about certain places they see and they think are cheap deals.....when they find out the real details, then they're less excited.