@Mohit Arora to gain some piece of mind in this same situation, I drafted a "Holding Deposit Agreement" document that is entered between the potential tenant and I.The purpose is to use the deposit to hold the rental until the lease signing and transition this Holding Deposit to a Security Deposit once the lease is signed and all other move-in funds are collected.You can message me privately and I can send you the doc I drafted.

I checked out weekendmillionaire dot com as someone suggested but they only hold their chats once a month.

I'm glad you get to hold on to your small slice of heaven.

While I'm excited about the potential, I'm also unfamiliar with the specific dynamics of the Orlando market.I'm particularly interested in finding a small multi-family property (duplex, triplex, or fourplex) that would be a good long-term hold.

Buy and hold?

Ask them if they can explain how they came to those numbers, so you have a clearer idea how your qualifications will change for less expensive property with lower rents compared to a more expensive property with higher rents. 

Investment Info:Other buy & hold investment.

We'll see what the future holds.   

Leaning toward keeping everything the same but not married to that idea. 

It would be a good idea to familiarize yourself with your local landlord tenant laws, ESA certification requirements in your state.