@Drew Markert Congratulations on your recent acquisition (many never get started).Making sure you have an aggressive payment plan for the credit card(s(, as this is extremely important so that when you want to REFI your DTI is where it needs to be and that you can rinse and repeat relatively quickly. 

Why have the sellers not been able to sell in a market with very low inventory?   

It’s my personal opinion, and not legal or financial advice, that if I were you I’d plan to start out with one or two conventional loans where if you’re house hacking you can get the low down payments.

We can go as low as 55k funded after dp.

Pricing is still relatively low for a beach market, and I have several clients who have decided to buy now and rent out their properties with the aim of eventually occupying them when they retire. 

Larger font sizes indicate higher prevalence of an amenity.Below, we have filtered the map to display only listings with 2 bedrooms and 2 bathrooms.As a result, the chart presents the top 100 most common amenities for this specific type of property.Seasonality of Short-Term Rentals in Okaloosa Island, FloridaNow that we have narrowed down the property search to 2 bedrooms / 2 bathrooms units with a specific set of amenities, it is time to explore the seasonality of vacation rentals.The chart below illustrates the total number of reviews across all listings in Santa Rosa Island, grouped by the month when the review was made.Each bar in the chart represents the cumulative number of reviews across all Airbnb listings in Santa Rosa Island for that particular month.Here are some observations:The high season typically starts in March and extends through October.While July is generally considered the peak season, in 2022, May emerged as the peak month.The low season spans from the end of October to the end of February of the following year.January and February experience the lowest demand, with bookings dropping by approximately 80% compared to peak months.Determining the Optimum Rates for Short-Term Rentals in Okaloosa Island, FloridaThe next phase of our analysis involves examining the pricing strategy throughout the year for the top-performing listings in this area.

Once you have the cash and are ready to invest that tax advantage tend to be extremely favorable. 300k liquid is great place to start. 

Also, yes it is a tenant friendly area but that is also a bit overblown since evictions are very low here in san Diego, last I checked it was less than 1 out of 100 and in areas around the country where evictions can happen practically overnight, some of those areas can have extremely high eviction rates especially a lot of those areas with high poverty rates.

Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant.

Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant.