Cape Coral trends for out of state investor

[Avtandil G.]

Hello

I'm looking to buy an investment property in Cape Coral. I'm a buy/hold investor and am focusing on yield rather than flipping/appreciation. Have 2 properties in CA, but am looking to do out of state since can't get desired yields locally any more. I've narrowed down the area to 33914 so far. Would appreciate advise from local investors

* What is renting easier in Cape Coral - a 2/2 condos or 3/2 SFRs?

* I see a fairly wide variance in mo rents in 33914 for a ~1,500sqft 3/2 SFRs, ranging from $1,300 to $1,800 - I'm wondering if the variance could be due to more specific location within 33914 - any advice on which parts of the zip are 'more desirable'?

* How long does it take you on avg to get a new tenant?

* Do you see any noticeable slow-down in sales and discounting?

* Are there any credible (and largish) local property management companies you'd recommend that have 50% first mo + 10% / mo rather than 100% first mo + 10% / mo fee structure?

Thanks

-A