As Wale said, one thing will lead to the next if you keep letting one question lead to the next.Welcome to BP!

However, we want to grow in the short term rental space and 4 plex. we signed up for the pro account so that we can learn as much as possible and execute in order to achieve financial independence.

I could do flips, long term rentals and short term rentals.

In the summer, there is still a need, but definitely see a shift to more of a short-term demand there. 

Hello Taryn,Have you considered securing hard money for short-term use to complete the apartment scope of work and then refinance for a conventional loan either based on "As-Is" (pro forma market rents w/ no tenants in place) or "As-Stabilized" (fully rented) condition whichever the lender will allow?

Our regular insurer, State Farm, does not do such coverage anymore, and after checking with several well-known national carriers, I found only one that offered it, but the lead agent couldn't be bothered to put the details in writing in an email.There must be companies that specialize in this kind of coverage, I figure, and there must be other property owners in a similar situation who have such insurance. 

Chip Chronister leads that group. 

In short, approach private money lending and note investing with caution, thorough research, and a network of trusted advisors.Your money, your responsibility.

We have flipped many properties in Brevard, although we have pivoted to short term rentals the last few years. 

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?