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Updated over 1 year ago,
Florida - Where should we look?
Good morning BP,
My wife and I are looking to 1031 our Ohio rentals into a property in Florida. We currently have two new constructions under way in Cape Coral with Rent to Retirement. We like Cape Coral but we want to select a different market for this deal to avoid having all of our eggs in one basket. For the 1031, we are looking for a property in the 450-550k range.
Can anyone recommend some strong markets with the potential for cash flow and appreciation in that price range? Any feedback would be greatly appreciated. Thank you!!