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Updated over 8 years ago,
In which warm city should I buy a winter home duplex?
I am an investor, I have 7 properties free and clear, and I have bought foreclosures and bank REO's.
I want to buy a winter home that is a duplex in a warm city where I can get a foreclosed duplex in a B or C class neighborhood for under $200k. I bought a house in east Austin and lived there and liked it, but it wasn't warm enough in the winter. I'm looking at Florida, San Diego, Arizona, and San Antonio. I plan to rent out half the duplex year round, and have my side of the duplex ready for me to live in every winter, and any time that I want a vacation. Any thoughts opinions or advice would be much appreciated. Thanks!