.: There are ways for him to sell the property to you even with a mortgage, but there's a lot of complexity involved and I don't recommend it.

Augustine most oceanfront condo complexes do allow some form of STR.

Jamie  Sweet JamieI would like to connect and hear more about your story and see how I can help you.

As I look at it .. there could be simple ways to "Spruce it up" and then there can be more complex ways.

That's how many of the larger complexes get funding to buy and rehab buildings,, that the normal small investor can not afford.Section 8 like other government programs has difficult aspects to it to manage, the people on section 8 are like a bushel of apples, some good some rotten to the core, and when mixed together the entire bushel tends to go rotten if the rotten apples aren't tossed out of the bushel.LOTS of paperwork and inspections and the inspectors are just as complicated as the tenants sometimes.

Hello, my husband and I trying to figure out if STR are for us, we are looking to buy possibly in Orlando, I see many complex by Disney. 

We hit the sweet spot by spreading our costs over a larger floorplan and providing something that the market demands.

If they have any rules about short-term vs. long-term rentals, you’ll want to know upfront to avoid headaches.Also, keep an eye on tax implications – renting while living there can open up some sweet deductions. :) Sounds like you're setting yourself up for success!

Hello All, i came across this college town property - it is a value add opportunity. 14 Unit Complex - 12 2bed/1bath & 2 1bed/1bath * Separate electric and water meters.

The key factors that may raise audit risk are discrepancies in reported income, excessive deductions that appear out of line with your income level, or unusually complex transactions.