Florida areas for positive cash flow

[Kit E.]

I have looked through the Broward and Miami-Dade Counties here on realtor.com and loopnet for a couple years now.  Prices are back in the 2006-08 range.  This is my preferred jump area from Utah but ...  there appears to be zero cash flow from any property in the area.  What areas in Florida are good for single home purchase, multi-family or similar and keep a comfortable cash flow?

[Andrew Ashby]

In the Orlando Metro Area, I specifically recommend looking at the outlying towns of Ocoee, Clermont, Minneola, Apopka, Altamonte Springs, Poinciana, Kissimmee, Davenport, Maitland, and Lake Mary for best cash flow. The multi-family around here is in short supply and high demand, so they tend to be overpriced and less likely to cash flow as a result. However, the Orlando Metro Area still offers very strong cash flow opportunities in some zip codes where the rent-to-purchase ratio is already at 0.80 to 0.90% at average list price! You're nearly at 1% without even any distress or negotiation! Looking at the outlying towns is a very important distinction because you'll think cash flow is impossible if you're only looking at the City of Orlando proper, which is only 270,934 people of the metro area's 2.4 million people!