@Brian Williams I know your working on a budget.

I have been doing plenty of research in short-term and mid-term rentals, but I am a little nervous with what I am seeing with a friend's situation.  

This city hosts a vibrant, diverse community with a strong emphasis on family-friendly activities, educational opportunities, and cultural events that enrich its residents' lives.

This is something to budget for when considering this type of rental.Management Intensity: Managing student rentals can be more hands-on, requiring stricter lease agreements, regular inspections, and sometimes dealing with noise complaints or other issues.Seasonal Vacancy Risk: There’s a risk of vacancies during summer months unless you find tenants who stay year-round or offer summer sublets.Zoning and Regulations: Some college towns have specific zoning laws or regulations regarding student housing, so it’s crucial to be aware of these and ensure your property complies.Tips for Success:Proximity to Campus: Properties close to the university are more desirable and can charge higher rents.Furnishing: Consider offering furnished rentals as students often do not have their own furniture.Strong Lease Agreement: Have a robust lease agreement that includes clauses for damages, noise, and other common issues.Hire a Property Manager: If managing the property becomes too time-consuming, a local property manager with experience in student rentals can be a great asset.Overall, student rentals can be a profitable investment with the right management and location.

I'm looking to find deals that would cash flow better than my current investments and from what I've seen so far Orlando is a good option. 

You have some options definitely since you have experience.

Many investors would rather source a property by themselves through an "investor friendly" realtor. 

Failure to complete the transaction forfeits the $20,000 option fee. 

Mary Shea it is a shame, I really didn't want to budget for all new cabinets but I may need to

Home Equity Line of Credit (HELOC): If you already own a home with some equity built up, a HELOC can be a fantastic option.