Its also more cost efficient compared to NY in terms of fee's and overall costs to set up LLC.When I set my LLC up in Fl it took literally 15 minutes and you will need to get your Tax ID/IEN set up so you can get your business checking account set up with a local FL bank. 

Calculate total associated costs including taxes, fees and legal expenses.

With a minimum 30-day rental period, tight registration criteria limited to permanent residents, and associated compliance costs such as fees and taxes, entering San Francisco's STR market without first examining these restrictions may result in problems and severe fines.

Standalone brick and mortars like compass are the ones that are burning through money and taking it from the agent and customer it is very hard for compass to survive in those environment, as company like as big as amazon or apple move to hybrid work environment, the compass failed to grasp the spirit hence their transaction cost is so high.

I would have about $30k - $40k for a down payment, closing costs, and a few months of reserves. 

I am looking for a builder to partner with who will finance building costs (and get reasonable GC fees above cost for their efforts as well).

Obviously you will lose out on the compound effects in your TSP while the loan is out.

This seems unfeasible for rental investments due to the high cost of capital.

Some real estate investments grow a little slower and even though there is monthly rents collected, there is deferred maintenance costs and management requirements depending on what type of properties.

The cost of entry is low, and cash flow is high.Happy to connect to share more!