Naples and Marco Island Investments

[Jamin Olds]

Hey BP - 

I am looking to connect with some BP members in the Naples and Marco Island area.  Me and my partner are looking to invest in this area.  We do not know this area great but my partner has family located in the Naples are.  We have cash backing and would like to gain more knowledge before we make a decision.   We also would like to connect with a local realtor in the area. 

What are a average cap rates in this area?

What about monthly cash flow? 

Are condo's in this area profitable as rentals?

Any information and connections would be helpful.

Thanks in advance!