And the fact the new owner of the neighboring property also failed to do due diligence should not factor into your decision to keep, if still allowed by your state laws, what you presumably paid for. 

When the calculator is more of the decision-maker than you on your first one, I think the balance is off.

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments. 

I need to make up the difference somehow.

They can make or break your renovation budget.

I’m going to decide on this by then and then make the change at that point accordingly, so it’s not too late into the season.

Have read many books and attended seminars and dabbled, but finally ready to make my first investment. 

I am a newbie and in the process of acquiring my first STR in Broward County, Florida. 

With the new NAR ruling it's making things even more difficult.  

Trust your gut, but verify everything.Remember: you make money when you buy not when you sell.