Short term rentals are notorious for being difficult to finance with a bank as the STR industry is relatively new and not market tested as of quite yet to allow big lenders to consider them investible via a refinance.

Loan modifications are notoriously difficult to get.  

Government websites are  notoriously difficult to navigate, as are their web of codes that all refer to other codes, as you've probably already seen. 

Sellers are notorious for understating capital expenditures.Not only is there the cost of running the pipe, what about decommission of the septic systems (e.g. pump them, break out the top and bottom + fill with sand type thing)?  

lol....PRISON.....no need to break laws...

Plenty of Floridians are serving time in prison for short sale fraud.

Since there is a huge migratory population, the military and federal prisons workers.

By the way when you get married to Bubba Bear in federal prison I'll go ahead and register at Walmart.

There was a recent article about medical marijuana and landlords. http://www.boston.com/whitecoatnotes/2012/11/09/landlord-group-lawmakers-need-opt-out-option-medical-marijuana-law/YjJCaC5YBhFdSbmOhs14iP/story.htmlAnother article... some landlord apparently helped grow it:http://missoulian.com/news/state-and-regional/whitefish-landlord-sentenced-to-prison-for-renting-to-medical-marijuana/article_18ce497e-a3a2-11e1-938c-001a4bcf887a.html

I had a "gut" feeling that it was a good price and the neighborhood was not on my list of notorious neighborhoods.