Orland vacation rentals

[Jay Park]

I have a young and growing family and will likely be going to Orlando and its nearby parks every year. I’m thinking about buying a condo/ resort property for us to use 1-2 weeks a year and rent out the rest.

Will be using a property management and want to be as passive as possible.

Can someone give me an idea of what the numbers would be like? I know some properties have high HOAs. But, what’s the going rate for management, flood insurance? 

I would like to connect with current owners/ investors/ realtors/ property managers in the area

Thanks!

[Tyler Gibson]

@Jay Park to be truly passive I would suggest going with one of the neighborhoods that have management in place. The new Margaritaville comes to mind. The problem with this is that you will have little to no cash flow. The beauty will be having a nice place for your family to stay that hopefully pays for it's self and some day will be able to be sold and put some cash in your pocket.