Before you start asking any questions you need to get an idea of what you qualify for in terms of financing.

We could take the money and apply some of it towards our personal residence to reduce the time required on the loan but there would still be a sizable amount of loan so it really wouldn't make a huge difference in terms of the length of the loan...not a great idea.  2).

Total cost significantly below their current monthly rent.3- If you have to 'give them' to the current tenant to get them off your books then do if it makes sense long term.  4- Don't do purchase contracts longer than 18   months. 

The government is the one providing the tax benefits, so therefore the government is allowed to set the terms of it.  

What a great town.Check out - https://www.cityhs.net/1265/Short-term-Rental-InformationShould have some rules and regs for you to peruse.I will say that lakefront is often restricted or banned for STRs there.

First unit lease is up for renewal on 10/31/2024 and has a good long term tenant.

Be sure to check local regulations regarding short-term rentals as well.

Insurance has been crazy in Tampa and im curious to know if anyone that does buy and holds has any good insurance companies they can recommend that aren't charging outrageous rates.

Hello, I have my property listed for long term rental in Joshua Tree, CA.

Make a short list of questions to ask.