So Jan 2023 I purchased a brand new home about 2 miles from the beach.

I have an outstanding realtor I've worked with in Orlando to purchase STRs.

I am actually thinking if I should purchase one for my primary residence. 

That comes with the expense of the refi - but if you were already cash-flowing on your new purchase, you will only improve your situation when you refi. 

Purchase price: $268,750 Cash invested: $60,000 Sale price: $430,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Mike Hardin, successfully completed a fix-and-flip on N Deerview Dr, Lake Villa, IL 60046.

Hi Tyquan, An FHA loan would be an option for the use of a primary residence purchase. 

The more efficient solution might be to purchase from Grandma with the 25% down..you ca use the income to help qualify and obtain gift funds or other sources for the down payment.

I'm not aware of a state to state effect on the STR Loophole, several clients have utilized purchasing in Oregon with us from out of State.

Purchase price: $135,000 Cash invested: $130,000 Sale price: $349,900 Better than new!

Purchase price: $475,000 Duplex, move in ready, one side had a renter.