Investing Rental Property In Panama City, Florida

[Jose Varghese]

Hello All, 

I am trying to purchase a house/rental property in Panama City, Florida. Currently i have  house in Miami ($500k approx) . I currently make 70k and My parents will be living in a Miami house I will be moving to Panama City for work and I need your opinion on how to invest in the next property that I purchase. what will be the best option for me to make sure I earn some money from my next property at the same time I will be paying my mortgage in Miami. 

Thank you