Orlando college park area

[Praful S.]

Hello BP community,

I'm looking for some advice from someone local or familiar with the Orlando College Park area. I'm looking to buy a property in the area but the cash flow is almost to the point that I'm on the fence with the deal. I have not looked at the property in-person but plan on being there for the closing if the deal goes thru.

The cash flow is about $100/mo. with 65K down not considering the lease renewal fee charged by the prop. manager.

I have a few questions that will help me decide whether I should move forward with this and I'm looking for advice from experienced fellow members:

1). Are there any bad areas within College Park to avoid?

2). I have analyzed the market for rents and I came up with a rent range for 1 bedroom in college park to be about 900-1000 range. Does it sound correct in today's market?

3). If you know of any Property Managers that you can recommend, could you please let me know?

Thanks!