Do you have any specifics or would you like to meet at the job site?

@Harshit Tewari You are wise to be concerned about the tenants damaging the property, but what specific background check documents do you think will save you from this issue?

The plan is to cease the STR next year and switch to a MTR and thus, I would then report that property on Schedule E.My other property, which was also recently acquired, is already a MTR, and I would need to report it on Schedule E.So my question is: can I report one property on SCH E and the other on SCH C even though they are both owned by one LLC?

I’m currently in California but I plan on traveling to Florida sometime in the next week or so to check things out.

I would recommend keeping it on if you plan to move into it (ideally immediately so you can keep the prop tax discount)  or if it has sentimental value.  

Quote from @Ryan Grise: Check your state law to see if there are specific requirements.

Specifically in the Due Diligence phase.

The only reason to buy a home while still in flux is if the long-term plan is for investment only.

@Connor McGinnis, the strategy is really contingent on the specific market and moreover the tenant base in place.You are looking to achieve 33% rent increase.  

There are many people coming into Dubai to invest specifically in real estate.