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Updated almost 8 years ago,
Sonowbird for free....multi vs condo ?
From Boston, trying to buy a place somewhere in Florida which seems to have a bunch of 10 cap properties
If I buy a 2 or 3 fam I can rent 2/3 and almost cover everything w/25% down, then have an empty place to go to any time...
BUT if I buy a single or a condo I am stuck trying to seasonal rent it during the winter months (that I want to visit) leaving me with less income than the 2/3 full 3 fam that gets year round rent.
The question is has anyone made the seasonal rental work as well as the multi????