Keep in mind you are responsible for the utilities, internet, upkeep of furniture, bed sheets, etc.

By the time they finish building it anyways the property values will have likely doubled at the rate we are going down here... and a new vacation home is never a bad thing lolIf you are an investor and you buy a Miami condo, you normally have two options: sell it upon delivery and never use it, or rent it long term and never get to use it yourself. 

What options are other community owners finding right now?

Start by learning about different strategies, market trends, financing options, and best practices.

He is oriented toward Studios and 1 bedrooms in dense cities using IKEA furniture & lease agreements with landlords. 

As long as the zoning for STR is good, you should be good and with a 2/1, you can go more crazy on the beach theme and furnishings which is the only way to be successful in a market where there are a lot of other options.

I decided to give them the option to break their lease and leave, if they so choose, which they haven't responded to yet.My question is, has anyone dealt with a similar situation who may be able to give some advice on this?

I have good credit, but not sure how to obtain financing with my current income so I am looking for financing options that don't require me to provide 2 years proof of income.My current plan is to do the following but would like a professional opinion before proceeding.

My biggest thing is with the options below, what puts me in the best shape to Grow/Scale?  

,You have two options after a 1031 exchange.