Which Type Of Property Rents Best In Tampa Area?

[John Dersoe]

These forums have been a Godsend.

I am in the process of moving to the Tampa area from NY. After the move and some liquidation of assets, I'll likely have 50-75k to invest. My RE agent insists that I should only look at a 3+BR townhouse type property, less than 20yo and in the surrounding areas of Tampa.. (Wesley Chapel, Brandon, etc)

I get the fact that with a townhouse/condo, there is little property mgmt involved and it's an easy intro to start out as a landlord down there. But, why only push the 3+br? Do 1 and 2BR properties not rent as well or have higher vacancy?

[Luke Rorech]

Hi @John Dersoe my personal preference is buying a single family home with the intention of using it as a short term rental. Best chance of being cash flow positive while holding an appreciating asset on a 30 year fixed. Just make sure you, or your agent, are clear on the rules and regulations in the area.