Hello Bigger pockets! My Dad and his girlfriend are looking to purchase a condo in Destin, Fl. We live in Iowa, and want a place to stay for a couple weeks of the year, and rent it out the remainder of the year. We have vacationed in Destin for years, so we are decently familiar with the area. I am going to try to make these questions as clear and understandable as possible, so here we go. First of all, is there a more financially smart location to buy a condo? For example, is it smarter to buy a higher priced condo on the beach, or a lower price condo a few blocks away from the beach? Will the rent difference and possible less vacancy make up for the higher priced beach front property? We are hoping to have positive cashflow on the property, or at least break even. Is there anyone in Destin who has any experience with condo ownership, OR has any tips, information and help to give. MUCH APPRECIATED!!!!!
-Josh P
