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Updated over 5 years ago,
STR rental - 1st time investor
Hi, 1st time investor.
I am also interested in investing and have been looking at Panama City beach. Any advice on getting the best ROI. Basically didn't want to break the bank and stay less than 250k
I have been crunching the numbers and unfortunately with high HOA and restriction on lending, I am seeing a low cash on cash. Also PM fees are 21-25%.
Any advice would be greatly appreciated, or if I should explore a different area that ppl have had good success. TIA