Private equity usually requires a larger minimum investment and longer hold periods than single-family or small multifamily investing, so it’s not as liquid as traditional rentals.The best way to start is by talking to operators, reviewing a few term sheets, and understanding the types of deals that match your risk tolerance and investment horizon.

Listed below are the main things to think about when investing the Orlando/Orange County area.Unincorporated Orange County (outside City of Orlando)Key definitions & permit requirementThe county defines a short-term rental (STR) as the rental of all or part of a dwelling unit for lodging for a period of less than 30 days. 

They have also assured me that once they do finish it is a 3 day waiting period which would put me at the 11th.

Calculate the payback period on that investment.

“Avoid blocking air vents or shutting off HVAC systems for long periods.”

Some people in this thread suggested a periodic check-in—paying for a review every now and then without handing over your assets—and that can be a solid middle-ground.These days, it’s incredibly easy to educate yourself.

They are saying the only way out of possible fines and violations is to provide financial data for the time period.

Investors should be familiar with the process and procedure and better yet...complete the application (even if it cannot be submitted until recording) prior to the expiration of their due diligence period.

Origination costs usually can't be rolled into the loan on PM/HM funded deals so you'd be on the hook for closing costs and as Nicola mentioned holding period costs. 

What is the 'seasoning period'?"