You can potentially look for "hard money" lenders which will typically have looser barriers but the rate and fees are going to be much higher than conventional. 

Additionally, the surrounding areas are potentially better for those whom like the LTR model, especially if rents are similar to the bigger cities. 

Your profile mentions that you are a real estate agent - You want to have a conversation to see if you potentially are eligible to claim real estate professional status which would allow you to treat your rental losses as active instead of passive.Also have a conversation if you are required to make estimated tax payments since there is no withholding on your commissions.Lastly, your profile mentions you are in Florida which does not have a state income tax which opens you up to more options for choosing an accountant.

Factor these potential costs into your decision-making process.Prevent Future Issues:To avoid similar issues in the future, make sure to thoroughly screen tenants and emphasize the no-smoking policy during the leasing process.

Arizona has at least 16 different programs if that helps you when you interview potential loan officers.

Numbers still have potential to work out very well

Whereas the neighbor's insurance company or the neighbor may be found responsible for paying future damages caused by their trees.I have a rental house with two neighbors large trees overhanging on both the side fence and also the rear fence encroaching toward my newly re-screened pool cage.

I hope that you don’t have similar issues in the future.

Any unused losses will carryforward into future years 

Whether you’re looking at single-family homes or condos, the potential for return on investment is substantial.