However, we plan to settle in Florida in a few years, so I'm uncertain if this is the best idea. 

My initial analysis suggests a conservative offer in the range of $3.2M to $3.35M could be justified, factoring in current market cap rates and the property's upside potential.I'd appreciate any insights on:1.

Best of luck to you both and welcome :)

The assets I am looking at are around 7% CAP rate.

You are probably a "customer" which means they don't represent your best interests and have no requirement to protect you, negotiate on your behalf, etc.

I'm looking for an insurance broker who can help me find better insurance rates since they're so crazy high right now.  

Code Sec(s):162; 195Docket:Dkt No. 30077-07.Date Issued:04/30/2009.Judge:Opinion by Gustafson, J.Tax Year(s):Year 2004.Disposition:Decision for Commissioner.Started investigating property: Feb Put first contract (canceled): May Bought first property: December 30thCourt decided that his 21k education expense was not deductible as business expenses but would be considered, at best, the start up cost.

Any suggestions on a finacial app for my short term rentals?  We used to use Stessa but my bank no longer links to them. ☹️

That was when, as many recall, interest rates where on the rise.

Check with your Secretary of State to see how it is handled in your area to understand best steps forward.