I've been in miami for 10 weeks and looked at 500 sites at least with myself and my team for those exact same reasons.

Ample room inside and out for not only your vehicles but also for a workshop, storage, home gym, perfect for car enthusiasts, business owners or hobbyist.

Especially when there are tons of incentives for grabbing that "low hanging fruit," like there is in your particular situation.IMO your 'low hanging fruit' would be utilizing the new-ish Fannie Mae rule allowing only 3.5%-5% down for owner occupant financing (house hacking) on ALL small multi properties (anything under 4 units, so duplex, triplex or 4-plex).

Owner occupants have access to all sorts of loan types and programs that investors do not.

The building is partially occupied by the current owner who would be moving out with the remainder of the building leased to various mom/pop tenants so this would not be a turnkey deal.

https://themortgageshop.net/in...I don't see anything on their site about STR loans... 

The neighborhoods that company owner Engelo Rumora describes as “rough” in the forum, they don’t sell houses from those neighborhoods as far as I can observe.

Here is the list:- Subject property deed- Property tax bills for all properties owned- Home owner’s insurance declaration pages for all properties owned- Lease agreements on all rentals/ or we can type a memo of month to month rents.- 2022 and 2023 Federal Tax returns with all schedules included- business and personal (if filed separately)- January 2024-current Profit/Loss, Balance sheet, debt schedule (template attached here- or can use your own profit/ loss template)- 30 days most recent paystubs and ’22 ’23 W2s if you receive pay checks.- Most recent 2 months of bank statements outside of CBNA- Most recent retirement/ investment/ life insurance statement, if applicable.Is this an insane amount of paper? 

@William Coet Look into Brandon Turners new lending site betterlife/ref.com.

We've had very good luck with foremost insurance for our owners that we manage for.