To make it easier I have added the holdover cost to my lease which is about 1.5x the daily rent rounded which I feel eliminates hard feelings or confrontation at the end.  

After that, I will remind myself to repeat my daily affirmations. 

Add this exercise to your daily deal analysis practice. 5. setup subscriptions for small multi’s above 3,000sqft with Zillow etc to see what hits your inbox and keep running the numbers6.

You will have complaints daily at that property. 

I always recommend to people investing that they should really try to work with realtors, lenders, attorneys, that are investors themselves or at least extremely nonweldable in that space.Always be trying to learn more, constantly read, watch videos, watch podcasts, and most importantly talk to people in the space.Once you have all this set up and sorted out a bit I would start to look at property online daily so you can learn your market. 

Our business is still running, we are working on it daily and are seeing some regeneration. 

It is much too big of a project for me to cut my teeth on.

I know Im going to get a lot of the lower income people and it will have to checked on daily. 

Yes they do, look into it.Not sure what your unit mix is but Panama CIty appears to have some respectable numbers via aidrna, look at the numbers from 25th% to 90th% to see your best and worst case scenarios...Additionally you also have super high occupancy rate so for the interest of being ultra conservative, run your occupancy at 50-60% and see where that puts you with respect to the average daily rate...again factor in low and high seasons and then do the research upfront (before you buy) to be the best by studying the best a.k.a (top properties) and see where the opportunities are to not only hang with them but surpass them...at the end it's business not personal ;) 

Rates change daily.