Faster approval, more flexible terms, and less stringent qualification criteria.Tip: Establish a solid relationship with private lenders and clearly outline your investment plan to gain their trust and secure favorable terms.

I certainly hope it all works out and maybe along the way they'll be changes that even help them in the long run. 

Set clear expectations and establish a process for addressing concerns and updates.

Go ahead and ask the resident tenant base if that's increased or decreased the availability of affordable housing in the last several years.

Long term I think will be interesting to see.

Disclaimer aside, my short answer is create a land trust, transfer into it, adjust/replace insurance, redirect all accounts, and establish a bank account for the Trust. 

Tampa is not only a great STR market, but is also leading the way in Floridas real estate market with development, job growth, and net migration, which are all important fundamentals to long term growth.

Hello Kyle,There are lots of things to consider, and there are lots of different types of Zoning for residential.For example you could be zoned residential, but the minimum lot size could be 1 acre, and you are buying 1 acre, in that case you wouldn't need a developer, you would just need a builder.For example, lets say you have 5 acres and a perfect rectangle property, that has an existing street that runs the long ways of the property so you won't have to put in any streets, you will simply need to get with a surveyor, figure out your minimum lot widths from zoning, and file with the municipality to get your property subdivided into lots.Once you have subdivided lots, you can either sell the lots outright to a builder, the cleanest transaction.Option 2, you could try to partner with a builder so you can split the profits, most builder's will want you to guarantee the loan, and still charge a build fee before profit splits.Option3, you can hire the builder, obtain the financing, and keep all the profits.Option 4, you could do any combination of 1,2, and 3. 

How do I get the long-term financing and the money to renovate to make Tenant ready?

(Both legally zoned)  My current inexperienced understanding is that you can NOT be prevented from adding or replacing trailers so long as the pads themselves have been grandfathered in and are legally zoned.