Panama City vs Daytona Beach vs Tampa vs Cape Coral

[Renzo Figueroa]

Hi all,

New out of state investor here!

I am looking to buy a turnkey property (SFH 3-bedroom) in Florida for cash flow. My max budget is $200k for a property (with 20% downpayment). I would appreciate it if you could give me some advice on which market would you prefer to invest: Panama City (not Panama City Beach), Daytona, Tampa or Cape Coral. I find that Tampa and Cape Coral are larger markets, but it seems that it is harder to find properties that cash flow. Happy to hear your advice!

Thanks,