Earlier this year we decided to sell it for the reason I gave earlier, I'm semi retired and have time to be hands on, thereby making a better ROI.

The town treats it as a commercial lodging property so it's exempt from heavy-handed local STR restrictions.The sellers have been open for biz only part time in their retirement.  

May sell another 11 units that's around a 10 cap rate because I'm retiring. 

I'm thinking of this rental and rental management business as a way for me to retire in the future and possibly grow it, especially if I leave or no longer have the W2 job.I'll list below some questions I have, but feel free to give me any advice and educate me about what I should be aware of. 1.

So presuming you are on the "add one rental a year plan" after maybe buying 4 with the money you have, I would think it would take a number of years to achieve that retirement goal - but your mileage could vary depending on how much income you need to live on. 

If not, then I think a one off syndication may be easier to pull off.Option one looks about what the market is showing.Option two is more for a specific investor looking for retirement/yield/stability.

Since "Retirement Communities" are really nothing but Boarding Houses for the elderly, and we can see what Covid 19 is doing in the Retirement Communities, do we really need to learn this lesson all over again? 

A high quality SFR in Austin will pay dividends in the long-run, and don't invest for anything but that. 5-6 years is too little, but if you are to expose yourself to that I would still take Austin.Those deep parts of SW FL are cyclical with retirement up & downs on economic recessions.

Ill accept all answers and let me know if you got other questions on my scenario.I just feel like Im at a spot where the options here are endless and I want to  continue building my assets to create family wealth and retire early and enjoy life.

@Jami KloetHi Jami,We are still only semi-retired.