Remember, historically only about 1/3 of LWO/CD buyers close on property, so odd's are you will be with a different finality.And you have to factor that odd's are it wouldn't come back after 3yrs list ready, that's just reality of things. 

Of course you can manage for this and set aside funds however I suspect the risk and loss factor was/is far greater than the sponsor realized when they go in for this noble pursuit of helping homeowners save their homes..

With compensating factors I have a really good 15% down option on DSCR

You probably don't need to change your interior design or furniture, and you already have the pots/pans/dishes and amenities needed to drop in a student or a traveling tradesman.

I think the main factors you should consider in Florida are the following: 1.

Having agreed upon SOVs, payment schedules, retainage, design documents, and well written contracts really take a lot of the "unknowns or potential problems" out of the process.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

Each jurisdiction has their own Zoning designations and restrictions, and they can Vary significantly.

I don't see any furnished houses so I am prepared to list my furnished house under the furnished apartments section - but I can't figure out how to post in a designated 'furnished' section?

This will give you an idea of traveler's budgets and what's in demand in your area.As far as design and photo recs, connect with those in your market to get referrals from other MTR (and STR) operators.