But you can run it all personal as long as you keep track of paying yourself back for any business expenses that you personally pay.

I'm looking at a long term appreciation, and in the interim serve as a second home / STR or even LTR.

The cap rates appear attractive at first glance, though a thorough analysis of the local markets is essential, especially the long-term vacancy rates.

You can arbitrage as long as you have your Vacation lodging services license, but finding an owner to let you Airbnb their property is very hard to come by.  

And so that I did - I completed their long list of essay questions and another 2 months goes by.

I understand that reading is valuable, which is why I'm curious to know which book you would recommend for a beginner like me to start with.I have yet to buy my first property but my goal is to house hack every year,  while buying and renting properties to hold long-term until my portfolio brings more cashflow than my W-2 job.

Also, you might want to consider about how the higher rate fits with your long-term investment strategy even though eliminating PMI and having no fees are nice perks. 

Short term or long term?

They tend to have a passion for this career and are possibly long term tenants in the area.

I see the long term prospects being very bullish for Ft Myers and Cape Coral.