Then you can visit the property, meet the owner, and negotiate an offer.It doesn't make sense to write an offer when they may not even be interested in selling and you have no idea what it's worth to you.

I was at a meet-up last night and should have asked the gentleman who said he recently purchased quite a few for $200. 

Sure you can sell it and take that cash and put it into something that you can manage yourself, but with an interest rate as low as you have it for, I would not.

The seller is paying 20k in mortgage interest, given the current interest rates I would need to 45kish in mortgage interest for the said STR.

A lot of my clients relocate to Florida and its a relatively easy process assuming you can find a position that meets your criteria.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Make sure you have the money buttoned down and let the buyer know that it is secure and meets their timeline.

There are plenty of lenders that don't require experience to lend, but leverage/rate might be altered a bit.

Do school ratings matter for SFH?

Investor-friendly broker/property manager here in Clarksville, TN 👋🏻 Nice to meet you!