The Maximum Allowable offer as described is ideal.its simple enough

As with most areas, the search for a vacation rental is typically dependent on permissibility of usages and the Oregon Coast is no exception when it comes to increasing barriers to entry of areas and properties that will allow nightly rentals. 

@Ko Kashiwagi is correct.Delayed financing is what you're looking for.It allows you to borrow up to the amount of cash you used to buy the property, no more.

Fair Housing requires us to treat all applicants the same with regards to screening.Does your existing lease specifically allow or exclude the potential for a mid-lease modification like this?

@Tim Kaminski, Using the 1031 exchange will allow you to exit your older Pinellas properties and purchase newer properties elswhere that are not as big a risk from capital expense or natural disaster. 

I am being told in a specific instance that copies of leases are not provided to owners because the legal binding agreement is between the property manager and the resident.In this case, I would have zero visibility on the nature of the lease terms, as well as who is responsible for certain costs borne (utilities, etc)If this exclusion to owners is allowed, what is required in terms of document retention in the case of termination of relationship?

"Do not allow your losses to reach X percent of your income". 

This allows the company to catch the exceptions they would normally have missed if they had defined confidential information only.NDAs should always be in writing so that the information protected is easy to identify and for the written agreement to serve as evidence in case of enforcement action or potential breach.

This allows the buyer to ensure that the tenants have been fully screened according to their own standards, and doesn't leave any questions

@Corbin HiblerSome jurisdictions will allow repairs to be rolled in when its main sewer repairs - unlikely but you can ask.Have you considered refinancing the first to get $ out - probably not ideal but an optionLast option is to sell the property.