Investing in Charlotte County Fl

[Alex Balan]

I currently own a vacation rental in Port Charlotte, FL. My main reason for renting it through AirBnB and HomeAway is to pay for expenses so that we can use the home also. We have done well our first 6 months with renting it so I wanted to see some opinions regarding purchasing other homes in the area to rent as vacation rentals. This home has a pool and is in a canal so it was more expensive. Is there a market for vacation rental homes without a pool and non waterfront? We do a good job of decorating and staging our home so that would continue. I would just like to purchase homes that are around the $120,000 range and in non flood zones to keep our costs down.

Thank you.