Looking to invest in area that has a good rental msrmwr

[Britney Lewin]

Good rental market* ( BP won’t allow me to edit my post title. )

Hello,

I'm looking to invest in a property for house hacking or to live in for 1-2 years before converting to a rental. I work remotely and prefer a location within 2-3 hours of West Palm Beach, where my family lives. Currently, I rent in downtown Fort Lauderdale and want to move to invest in property. Any suggestions for areas to relocate? I greatly appreciate all advice!

[Jonathan Greene]

I like the Lakeland area a lot. Strong potential growth, lowering prices, good proximity to the rest of Florida, but central. Your insurance costs are high in Florida so you would want to hedge toward the middle of the state as opposed to coastal. Crystal River has been on the upswing, but you are at a good time to be looking in Florida because a lot of areas are on the pricing downswing which could help find a two-family.