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Updated over 4 years ago,
Condo Investments in South Florida
I've been going back and forth deciding on whether I want to start off by investing in a single family home or purchasing a condo. On one hand, the appreciation should be higher with a single family home. But with condos, the potential to get a better location for a cheaper price is appealing, and I've also thought about turning it into an airbnb since we're in a vacation destination.
Does anyone have any experience with condo rentals in south Florida? And any experience turning them into an airbnb? How viable are condo rentals in the current market?