The couple was legit and surprised when I showed up at the house to do some work.

We invest in areas that are typically right next to the ones that have already "up and come."  

Important to make sure everything is super clear regarding signature authority, consent requirements and everything is up to good standing with the local state

Have never done this before and will need to start getting up to speed on what all is required to get on vrbo and Airbnb, any local city requirements for this type of use.Thanks again

I am gathering some investor friends now to go in, but was hoping to do this small development without giving up equity. 

Hey @Ryan Brown - in this instance, I think you should turn up the heat in terms of what the tenant is allowed and not allowed to do. 

Hi Tom, As others have said, trying to set this up in the Tarpon Springs municipality will be difficult.

I'm matching the terms you have above... it may make sense to look at a 3 year Prepay instead because the adjustment is minimal usually.Lender 1: 7.25% With 2 Points Up Front or 7.99% if you want to do a 0 Point Loan.

Ended up with a $6k policy and was the cheapest around.

If you know the game and are scaling up, I would go straight to a 4/5 bedroom. 2 and especially 3 bedroom homes are the doldrums in most markets.