Just another option to consider because purchasing investment properties right now can be challenging given the rates and down-payment requirements for investment properties. 

Yep, you have a good amount of options.

So consider how much asset protection means to you and be willing to potentially pay more because you'll have less lending options available to you, the more complicated you make your entity structure.Hope this helps.

If you do, you could give them an option for a month to month lease if they use you to purchase their new home.If that is not an option, I would stick to the lease end date of June 30th.

You could give them the option to re-up the lease with the $50 increase and lock the rate in for a year or go month-to-month at market value which would be a $200 increase.

Insurance typically is not paying for what they consider "intentional damage" and suing a tenant for damages doesn't work if they have little to no money to begin with.

Open to all options and looking forward to connecting with others in the area!

Option 2: Purchase additional properties and build portfolio I know that there are some tax implications to no having the mortgage payment to consider.

FHA loans are generally more straightforward, with lenders typically requiring verification of your credit and income.Be prepared to provide financial documentation, as the lender will need to ensure you can manage the additional mortgage payments.

That way you only have to come out of pocket 3.5% to 5% depending on if you use FHA or Fannie Mae.If you decide to buy an investment you will need 15% down and buying out of state is an option but there are other great counties in Florida.