I strongly would recommend finding a new tenant. 

I’m based in Tampa and run Graystone Investment Group, focusing heavily on helping (out of state) investors find and manage properties here in Florida.Totally agree on the importance of understanding those short-term rental rules in Florida—each area can feel like its own little country with all the different regulations!

This is unlikely to be profit, this is to cover your costs on the backend at move out.Secondly, find a good pet addendum and have them sign it.

How did you find this deal and how did you negotiate it?

But based on the age of their post and their total number of posts, my guess is we'll never find out.

Find a local REIA group and network, locally with experienced investors.

This may change over time.Participating in the forums and using the search to find specific questions or topics would be helpful as you start your investor journey.

I think their logic was that a family with 12 people (parents and 10 boy children) would have difficulty finding a suitable house with say 6 bedrooms.In addition to the Federal guideline, some local ordinances address occupants both tenants and owners. 

I'm terrified of doing all this research, finding a "dream" property, only for it to fail and negative cash flow. 

I would like to find a way to generate additional income and am exploring options other than having a long-term roommate.