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Updated 5 months ago,
Does Jupiter Florida Work for STR or LTR? 400-650k budget
Looking for any feedback as this is my first purchase. Im looking to buy a single-family home in Jupiter Florida and would like to rent it out on Airbnb (open to LTR). My budget is 400-650k. My goal is to rent it out and then in 3-4 years allow my mother-in-law to move in as she is wanting to retire in the area. I love the area however, I have done a lot of research and am having a hard time making the numbers work out in terms on COC return. The outskirts work a bit better but my wife and her mom would like to be near city center. I live in Los Angeles so will be investing long distance.
Do you have any recommendations on the area? Does this area still work? Do you have any relator recommendations that have great experience in investing?