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Updated almost 6 years ago,
Should I stay away from 55+ communities?
Hello, I’m new to the real estate business and I’m just currently focused on learning everything I can (through books, podcasts, forums, etc). Probably won’t buy my first place for another 2 years but figured I could start analyzing deals now to get an idea of the market in my area. My problem is that the only nice places I can find (being that I’m located in South Florida) are usually located in 55+ communities. Are these viable sources for passive income? Are there any other hidden costs?