Or stick to downtown Orlando areas, you can always hop on the Brightline and easily visit Fort Lauderdale! 

The owners may agree to carry part of the financing, but you won't need them to stick around to transition operations.After acquiring the properties and assets you wish, you would either run your own business, or part-out and resell some of the assets.From your post, it does not sound like parting out the properties is a viable path and where you admit to having no experience with vacation rentals or the resort business, you might want to explore purchasing the business with the current owners hanging around for a bit to help you get your feet wet.Regardless of approach, it needs to have legs to be worth pursuing.

I stick to the 3x income.

Maybe I'll stick with Cozy @Michelle Fenn!

The biggest sticking point I see with those kinds of lenders is that they generally require experience - if you haven't done something like this before, then they will want someone who has to sign the note. 

I stick with fixed rates if I can help it.

Sometimes, having a reliable tenant stick around long-term is more valuable than pushing for an extra $100 a month.

But it really sticks in my craw.

Thats whats sticks out the most for me. 

I think its a great idea to pay off debt just make sure your expenses dont get out of control and stick to a budget.