We feel like this is great business to be mid -term focused. thanksMax 

I am actually a novice on this field, l have a property for short let and vacation rental in Kissimmee (Florida); and I actually want to take up the management of the property myself and needs help on how to do this.Also, l need a nice, cheap buildable land or a nice cheap reformable/redeemable house within or around Kissimmee.

The repair costs will take multiple years to recoup and with the age of the property I'm concerned if it's even worth holding long term or get out while I can before I fall into a money pit and get stuck.  

As you look to scale your portfolio, first, ensure your mortgage terms allow for flexibility, such as the ability to refinance or access equity.

Long-term rental with substantial services provided.

However, if you as the owner are moving in, that would be a valid reason, so long as you give them ample notice time -- 60 or 90 days I think, depending on how long they've occupied.As for the other tenants, if this is their first lease term and they've lived there for less than a year, you can simply give them a non-renewal 60 days in advance of the end of their lease. 

so it needs to be for something short term. 

I own couple of single home rentals in Tampa Florida and have always wanted to transition from long term to short term rentals.

But today 3/2/24 I got my first investment property under contract.

My goal is long term.