Titusville Florida’s economy?

[Tyler Bougie]

I’m from New Hampshire and was seeing if Titusville Florida would be a great opportunity for me and my fiancé to move there to buy a duplex and rent the other side out. We have no kids and just wanted to start our real estate career with a duplex rental with us living in the other side. I want to know if anyone owns any properties in the area and if it is worth moving there especially the risk of being out of state. I know whatever comes our way we’ll make it work. Hope to hear some good feedback.

[Chris Witham]

I live in Merritt island and am fairly familiar with Titusville. There is most definitely a part of Titusville that I would suggest avoiding. Also there is very limited inventory availability especially for multi family homes. I am curious why you chose Titusville. If it is solely for an expected appreciation I would suggest Cape Coral FL. I am somewhat convinced that is an ideal place to invest. Good inventory levels. Lots of people moving there. Good anticipated appreciation. Fair prices and one of the best rent to price ratios in Florida for an A/B neighborhood. If I was moving somewhere for the purpose of a house hack multi or future investing that would be where I went.