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Updated almost 9 years ago, 02/11/2016
Need Advice
My family moved to Fort Myers 6 months ago, and have rented a place so we could get to know the area. I've been studying and looking at multi-family homes here, San Carlos Park, Bonita Springs, and Cape Coral. Haven't really found anything that cash flows. We put an offer in on a multi-family that looked like like a good deal as well as a SFH, but were beat out because we do not have cash (we're looking for our first property). All of the multi-family homes that would cash flow, are not necessarily areas I would like to move my family to (including a 2 year old). I've also been trying to find single family homes in good areas that we could move into for a year or two, and that would cash flow afterwards. Prices still do not seem to be in our favor. Any advice?