Hi – I am an out-of-state investor, focused primarily on cash flow, based in Ft. Lauderdale, FL.
I am interested in a LTR property in downtown (May Park area just a few blocks off Broad St). Based on some data I came across for this particular East of Downtown area, I saw it to have a high crime rate and high vacancy rate, however, I wanted to see, from folks' experience in investing in this market, if you have any insight or thoughts as to if this is a promising area to invest in?
I appreciate your time and look forward to hearing from you!