Brand New Florida Panhandle Investor

[Keith Ravenel]

Hey BP! I'm a new investor out of Navarre, FL. Last month, I retired from 24 years of active duty service in the Air Force and now I'm looking to start purchasing some rental properties between Destin and Pensacola. I was set on purchasing a 3/1 SFH in Pensacola, but I've recently been given an opportunity to purchase a condo in Destin. The condo would generate more STR income during the summer and spring break periods, but I'm not sure I want to deal with HOA. Any advice for this new investor?

[Keith Ravenel]

@Avery Carl really appreciate your response. It was very informative! You make an excellent point about the HOA fees. The properties that I've researched have included cable, internet, utilities, etc. in the fees and I would be paying some of those expenses anyways. I'll be sure to ask about any STR restrictions and hidden fees. Thanks again!