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Updated almost 4 years ago,
FL condo as investment property?
Would you advise purchasing a condo in Florida, perhaps Cape Coral and renting out year round?
Seems like you can get a condo with pool access for as little as 150k which should from what I’m seeing get around $1000 a month per rent.
Are condos usually not the best investment because they do not appraise as fast as single family homes?
I was looking at this for the affordability aspect as potential second property.