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Updated almost 4 years ago,
Short-Term Rentals in Orlando Still Feasible?
I moved to Orlando ~1.5 years ago and I have been looking for small multifamily properties. After analyzing 100+ properties, the numbers rarely make sense and the properties that I have made offers on, I have been outbid.
Obviously, this is a completely different strategy. I know the Orlando market is extremely competitive right now. Are there areas close to the parks (Disney and Universal) where the numbers make sense for short-term rentals? I would like to be around $300-350k. This is out of my wheelhouse and I was curious if other people are still finding deals in this space.