Application / documentationYou will need to submit: a completed STR permit application, letter describing proposed rental use, floor plan, copy of a blank lease agreement, proof of ownership.Fee: The application fee is cited as about $63 for the application / two‐year permit in many guides.Tax obligationsHosts must collect and remit:Florida Sales Tax (6%) on rental stays of six months or less. 

You described the situation well.I would add, that there are ways to continue to kick that tax can down the road. 

What most people do in Tampa: “Garage Upgrade” (not a conversion)What you described is common and usually permitted like this:What people pull permits for (the safe part):InsulationElectrical upgradesA/C extension or mini-splitReplacing garage door with French doors / windowsPlumbing for bathroom + laundryEgress improvementsFire-rated drywall if requiredWhat they avoid pulling permits for:A second kitchenClosing off the unit with separate entry in a way that suggests two dwellingsAnything on plans that looks like a duplex configurationThis strategy keeps the ADU compliant, while letting you rent “rooms” within one unit.3.

FHFA Director Bill Pulte described the 50-year mortgage as "simply a potential weapon in a wide arsenal of solutions that [they] are developing."

If the above doesn't describe you, you'll likely want to look for a brokerage with more support and training.  

Based on what you described, you sound like a "dealer" as opposed to an "investor."

It's not a broken record to them.I realize this is "higher reasoning" and you just won't get it (based on your previous comments) but since you are a narcissist (A narcissist is described as self-centered, arrogant thinking and behaving with a lack of empathy.)

However, if death occurs before the lien's statutory expiration, the lien transfers with the property as described above.)Don't let families walk into inheritance surprises.

crap I just wrote a long response and the site went down so here is the crib notes.1. ton of competition for investor dollars so investors look for highest returns and work backwards.2. sophisticated investors look at returns as a function of risk.3. less experinced investor tend to be bigger risk takers.4. to raise money one needs verifiable back ground and a deal that is simple to describe.

I’ve been focusing on the Midwest myself and have seen a lot of similarities with what you’re describing—good entry prices, strong rental demand, and plenty of value-add opportunities if you’re willing to take on full rehabs.