What type of long term properties to buy in Tampa FL?

[Jin Zhang]

Hi everyone,

I am starting to invest out of State and are considering the Tampa area. I originally thought about buying a 2 to 4 units property in the area. After running some numbers, I found it is hard to cash flow. I would like to get some advice on the best strategy to get cash flow on long term properties.

• Could long term still generate positive cash flow? If so, how much per door?
• Single family or 2-4 units?
• For a duplex, what is a reasonable purchase price for two units (2B1B each)? Would around $200k still achievable or mostly around $300k?
• Which area to buy to get cash flow?

Any advice or input would be highly appreciated! Thanks!