It is the worst because you need to understand the patchwork of regulations across the state, which can vary down to a neighborhood by neighborhood basis.

Not every state or city mandates that any landlord has to accept Section 8, because the landlord has to not only subject their property to Section 8 inspections, rules and regulations, they also often have to separately arrange for the tenant to pay the non-covered part of the rent and can face difficulty evicting just based on that.

I find trying to slog my way through government regulations to be a bit overwhelming.

Narrow down your location based off of your comfortability, budget, local property owner regulations, and rent to price ratio, and you'll be building a portfolio in no time. 

The numbers I’ve been running look really promising from a short-term rental (STR) perspective, and the area seems to have favorable STR regulations—or at least a lack thereof.

However, strict IRS regulations apply, including prohibited personal use and mandatory income and expense management through the IRA, with penalties for violations.

Are you taking this subject to existing mortgage?

Just want to get a little more knowledge on the STR in Cape Coral, any STR - regulations that are investor friendly?

Let me know if you have an existing group or interested in forming one in 2025.  

 I'm not opposed to subject to, but my fear is whoever I am taking over the existing mortgage from will not continue making the payments.You make the payments.