Lake Worth/West Palm Beach investment

[Brina Boyd]

We are looking into purchasing a 2 bedroom condo/townhome style property for long term lease and long term investment. We are very unfamiliar with the areas however we have been researching properties in Lake Worth that appear in the 80-120k range with rental rates appearing to be 900-1200 per month within the same communities. 

Does anyone have insight on focusing on Fort Worth versus West Palm Beach? (WPB seems like a better area to invest in, however Fort Worth appears more budget friendly for us since we are just starting out), or can recommend another area to look at near these?

Any recommendations on common pitfalls/things to look out for/bad areas to avoid? We plan on flying out in a few weeks to drive through areas however would love some insight from locals or those currently investing in smaller (100k’ish budget) properties. Thank you!

Also if anyone can suggest a stellar agent to work with, we are open to suggestions! Thank you