New Investor Seeking Feedback On Cape Coral

[Jeffrey Weiss]

I am looking to begin my journey in real estate investing by purchasing a couple properties (SFR and/or duplex) in different out state markets. As we are pretty far along in this market cycle, I am searching for deals in markets that will hold up well in the way of year-round rental demand, even in the event that the market cools off significantly. I am considering a SFR in Cape Coral, however I am questioning this option, wondering what can sustain the rental market, given that there's not a major metro area/job market in this area.

Would be helpful to hear feedback from those familiar with this market - is this a strong long term rental market, or is it still primarily retirees moving there, as well as a more seasonal market? 

Thanks in advance