Income Investment Properties in Florida

[Jonroy Connell]

This is my 1st post here to BP so forgive me if it is repetitive. I am looking to invest in income producing properties in FL. Right now I am looking from St. Pete's to New Port Richie. I am not opposed to other locals but have colleagues investing in the area with great success. I will not be purchasing till late summer/early fall 2016 but would like to hear from those in the know. I have a good, as far as personal people I know who use them, property management company in the area but would like to be educated more on the subject. 

I am looking to purchase 2 properties to start. Probably in the $40K - $60K range. Please chime in. It's greatly appreciated.