Hi everyone,New to RE investing, considering STR in Florida to combine side business with pleasure (who wouldn't want to fly south to invest in the Winter).Interested to hear any experiences and watch outs

Hello everyone.Could I get some advice on what the best lending option I should take when flipping my first property, in hope to create a business and flip more in the future?

As a business I'd caste a large net and aggregate as much data and prices as possible.

@Joseph Bui you keep posting this same message trying to solicit business in a sneaky way.

This is easily the most comprehensive answer you could get and would be the best way to purchase a property as an Expat.I would also suggest talking to a real estate attorney and tax professional to make sure you are properly structuring your real estate business to minimize your tax burden.

Meaning thats likely 30+ minutes without much traffic, more on a busy day. thats not really close, people are going to choose closer properties first and you will get the leftovers. and as others have mentioned, its not a house that screams "Im near Disney" it is decorated like a house you could find anywhere. 

There also seems to be a lot of businesses in the area.

Perhaps you're referring to the section 17-101 (I 1-6) which states "engaging regularly in a business of dealing in real estate or leases or options on real estate."

There are so many investors that buy a STR and think they can set it and forget it not realizing it is a hospitality business they are buying not just a house that sleeps people for money.

I think debt is good if your goal is to scale and grow your wealth.if you will own your personal residence and as a result just be responsible for real estate taxes, insurance and upkeep, your living costs will potentially be low and you don't need much leverage or a bunch of properties to support your lifestyle.If I were you, I would sell the wedding business since it likely is time comsuming since its an actual business.I would not pay off the two other properties since the rate is low.