In Oceanside, New non-hosted STRs are prohibited outside of the Coastal Zone as of February 10, 2024.Most HOA's do not allow rentals less than 30 days so that is likely not an option unless you find a couple of places on the water that allow it but usually tough to find below $1M. 

I have a couple markets that I am looking at and trying to compare in central Florida for a start, thank you for the insight I appreciate any help from you guys!

In most of those cases, their broker took a high fee and the investor didn't end up with a great deal.Here are a couple of things that are a tipoff you are not working with a broker with your interests at heart (1) they want to pull your credit before having a conversation, or (2) they send you a long list of things you need to provide them before learning about you and your deal.The conversation should start with why you are interested in REI, then understanding your strategy to get there.

I was able to check an old listing and it showed it as being 2 units instead of 3 and one bedroom/bathroom less than what they are claiming.Tomorrow I plan on having my pretty wife knock on a couple doors, hopefully she can talk to someone living there so we don't get something substantially different.

You'll want to explore this with your accountant and see what side of the fence they are.What is more a concern to me is your plan to let the property sit for a couple of years and then move in. 

Pace has had 10 due on sale called recently, as of a few weeks ago, (no word on if more have been called) and his students a couple of dozen called? 

At least the return is beating historical S&P by a couple of percentage points.  

Thank you again especially for your encouragement, it has honestly been a hard couple of months but I know its lessons I have to learn! 

For me, those markets are Memphis and Detroit (and a couple others).

This is an old thread that was revived with the recent reply, and re-reading it now, I want to correct a couple things.