For the most part (particularly Fort Lauderdale and Miami) requires permits and inspections of your str. if you operate it without having the permit you can get heavy fines and get shut off.

Even if California will not relent on adjusting emission control standards, and the more than 1,000 supplemental workers at the Stellantis Toledo Jeep plant who are expected to rise to full-time permanent status are laid off, on balance, local incomes are rising.For the vast majority of individuals, a home is the largest single investment of a lifetime.

The str will close before the land sells and then I would like to recast the loan to pay off a portion with the land proceeds.  

Appreciate all the replies so far, thank you!

I was completely caught off guard by the response from the DOT about consulting with them sooner. 

Also, I don't know if any of this matters, but I don't live there, and I don't plan on living there.As far as using bank statements, that might work, however, the past few months have been grim.

Far too often we see investors buy properties out of state believing an agent, property manager or wholesaler they it’s a good buy.

Hoa is very high, off the water and maintenance is starting to increase.

Meaning if someone gives you $500k and you only are using $100k, you are still going to be paying some fees on the $400k because the lender needs to keep that cash on the sidelines.You are better off getting either DSCR loans for each or hard money at 12 months and interest only with extensions but realize that money will not be cheap. 

I have been using Reonomy for the past month and have found it very useful for identifying off market properties.