House Hacking Locations

[Collin Ordonez]

Hello Everyone! I just had a lease signed on my first rental property and the goal is to buy another property as soon as possible. We have been thinking about re-locating from Virginia to go to an area that will give a chance to house hack a small multifamily property while also having warmer weather. One location that we have been considering is Tampa/St. Petersburg since we have some connections in the area.

One major concern I have is regarding Tampa is hurricanes and the implications that may have insurance wise and property value wise in the future.
If anyone has an advise on if there are any special considerations to look at when analyzing properties in Florida or Tampa particularly it would really appreciate it!