As others have mentioned, the property's potential will vary heavily based on the amenities you can add, the guest avatar you market to, and what you plan to do with it in the non-peak months.

FL is also the toughest state in the country (based on my experience) for reliable contractors.If you don't need a ton of house, you could find a nice option for yourself and try to get a small rental.

There is a safe harbor for you…it’s just 110% of prior year since you’re over the $150,000 AGI.You can also base on 90% of current year’s taxes to avoid the underpayment of estimated tax penalty.Keep in mind you can use Form 2210 along with your return to show the IRS how much income you earned by quarter and make your estimated tax payments accordingly.

Entrata, which is a solution for larger PM's, has a service where tenants can call a 24 hour US based call center, the live agent determines the severity of the service request and then adds it to their portal, or if its an emergency, calls on-call maintenance and coordinates their response.

One potential word of caution: I asked ChatGPT to compute the IRR of a fund based on certain criteria (which is normally alot of work), and it spit it out instantly with a ton of analysis and which all looked and sounded super impressive.

Since your'e PMA requires 2 months' notice, I would take some time (sooner than later) with them to see if they can explain to you why there is no interest in your property based on their experience.

I have yet to see that the concept of GP - LP alignment exists at all, nor has anyone ever produced evidence (that I’ve seen) that co-invest, or anything else for that matter, has aligned interests, produced better results, or led to better decisions.I think if investors can come to terms with that, and make their investment decision based on facts that actually matter, they might avoid more trouble.  

Wish we didn't sell and just were able to put together a strong team.Distance and time were big challenges.

This quick and profitable transaction highlighted our effective investment strategy and strong partnership with Fred.

suggest you start with Dave Ramsey principals ... then move out from there.there is some big huge fallacy  that Real estate is going to let you quit your job and your going to have all this time for the kiddos etc.this will never happen in the short term with rental property.. you build a nice base for retirement in 30 plus years for sure.. but for short term replace your income and have all this free time you need to make transactional income with big hits.. your not going to get their with 200 to 300 a month cash flow on a levered up rental .