We as a firm have investors working with us who have rental properties all over the US big and small.Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding.

If you go the medium-term route, I'd suggest you self-manage.

I am interested in purchasing the existing lease from the leasor, however I do not want to refinance and create a fee-simple property at this time.

These 2 points will help me give more pointed suggestions for what you're up against because the tax rules all can be slightly different. 

Here is a simple case study of a recent loan:Amount Needed to bring loan current: $18,560Loan Payoff at Purchase: $77,426Acquisition Price: $41,500Property Value: $400,000We acquired this loan in April 2023 as part of a pool of 16 other loans. 

However, you can suggest that they purchase "Renters Insurance", and state this in the lease that if they choose to not purchase "Renter's Insurance" then you are not responsible for any loss or damages to their property". 

This seems like a good case of KISS (keep it simple stupid).

Its a very simple, ( not easy ) biz.

What suggestions do you guys have for this?

Does anyone have any suggestions on short-term rental insurance for a single family home with a 17-year old roof; location Davenport, FL or how to negotiate in an offer to purchase.Thanks