Hi all, I'm getting started with mid-term rentals (~60 days) and trying to understand how the Pinellas county transient and Florida lodging taxes work. 

We will be looking for an sfr or duplex to buy and hold as a long term rental just to get in on the wave of the rising economy , while it is still affordable.

Yes, tenant management software will save you time in the long run and allow you to scale without difficulty.

As long as the appraisal will support it, you can get it refinanced.

But if you were planning to house hack for a long time there then I’d think it would be a better option then renting.Things id be aware of house hacking anywhere near Boston:-Make sure you pick a town with a decent renting pool-Appreciation will be your best friend, not cash flow-Be prepared to spend on renovations always happy to share my experiences or resources if you want to connect! 

With rising interest rates and the widening wealth gap, first-time homebuyers are by locked out of the housing market, it seems long-term rental demand is solid but of course it would be important to get quality tenants in the better parts of town.

We originally hoped to rent as a mid term rental in a smaller town with a hospital, but the market quickly became oversaturated for the small demand so we decided to shift to long term rentals on both sides.

Holding long-term Lessons learned?

As long as the rental income covers the new mortgage payment, you qualify.

@Blake Yarbrough If you can structure the deal where you get the 80% financing with good terms and rate in place and it is a good deal meaning under contract with good terms, purchase price under market value and also being the asset and property manager.