Tampa Bay/ St Petersburg Florida

[Chris Nelson]

Hi all, 

We moved to Tampa Bay area about a year ago (St Petersburg, FL). We are in the process of doing a 1031 exchange on 2 out of state properties and looking to buy investment properties here locally. 

We currently have a duplex and a SFR out of state. The SFR just sold so we have 45 days to find an investment home here in Tampa Bay.

For those who invest here what location seems to give you the best cap rate? We have been looking in St Pete area, but are willing to look where we can get the best bang for our buck (within reasonable driving distance as we will be managing the properties ourselves). 

Also, does anyone do vacation home rentals? 

And finally which REIA meetings do you find the most helpful?

Thank you in advance! 

Chris