FHA allows for a streamlined refinance, too.I'm a fan of FHA down payment assistance as it allows you to walk in with instant equity and no/low cash out of pocket -- the trade off with DPA (down payment assistance) is that you'd be getting a slightly higher interest rate.

Renovate & Hold: The above plus Vacant Building coverage, Dwelling/Fire coverage, Umbrella,..3.

Lower deposits (instantly), higher cost of funds, and lower asset values all lead to less bank appetite or ability to lend (in a big way). 

I would instantly refer it to an attorney.

Resales get gobbled up instantly.

Here is what the FL status state (196.061 Rental of homestead to constitute abandonment):(1) The rental of all or substantially all of a dwelling previously claimed to be a homestead for tax purposes shall constitute the abandonment of such dwelling as a homestead, and the abandonment continues until the dwelling is physically occupied by the owner.

I don't have many issues with Builduim but one beef I have with other software is, unlikley buildium, trying it out is a giant pain.With Buildilum you go to their site, hit "try now" (or whatever the button says), put in a name/email and boom, you instantly have a trial account that's fully functional. 

@Justin Polston Additional Dwelling Unit.

If you are holding 4 bedroom rentals, the bulls eye is on your back with the new inventory coming.On the other hand, smaller dwellings are hard to pull off with zoning and restrictions, and nobody is building new 1 and 2 beds at prices that are attractive. 

DP-3 insurance, above, that you are encouraged to obtain, is usually “replacement cost coverage.”It is recommended that you purchase enough insurance to pay for a total loss to the dwelling (dwelling “Coverage A”), a total loss to Other Structures (“Coverage B”), any Personal Property (“Coverage C”) of yours that is on the property (i.e., furnishings, refrigerator, washer, dryer), Loss of Use (“Coverage D”) (i.e., lost rents), Personal Liability (“Coverage E”) and Medical Payments to Others (“Coverage F”).