Many will be well educated on their housing options guided by their brands, teams and universities, and are well capitalized and qualified on a short term 3-6-12 month basis, and I actually had a client purchase a newer townhome in Tallahassee for lease to a football player at FSU..Keep in mind the top earning NIL athletes stretch across multiple men's and woman's sports. 

I saw the post wasn't long ago but curious where you are now at with the land.  

So we are not in agreement.I sent this to my tax accountant https://www.investopedia.com/terms/p/passiveincome.asp.She sent the IRS link to me https://www.irs.gov/pub/irs-pdf/p925.pdfI wonder how your tax accountant treat your private lending interest?

Quote from @Robert Lewis Andonie: i was looking to wholesale a couple properties in Miami to build up more savings before going into a long term plan and since you've been investing here for nine years I was wondering what you thought? 

Am I missing something or is long term rental the better option here?

It’s just a quick cash grab for him—if he gets 10 people to sign up from his free seminar, that's $50,000 in his pocket, minus a few expenses.

Investing in real estate pays you in 5 ways appreciation, depreciation, cash flow, amortization, and inflation profiting.

Debt service is not part of NOI.There is no calculation here showing your cash on cash returns, projected valuation, nor projected total returns. 

I would be inclined to work with them on this as long as it was a short visit. 

I'm buying the property cash, in a trendy neighborhood.