Thanks everyone for the input. The reason I was thinking of Orlando/Tampa is that as this will be my first investment property I wanted to be relatively close to it. Even though I'm going to use a property management company to manage the property, if anything were to happen that needed my presence it's a quick drive up from Miami to Orlando or Tampa. Jax is too far for me.
I was looking at some condos in Downtown Orlando because I heard that they're getting a new campus or something like that soon which could possibly raise prices and help with price appreciation...? I've also heard that Downtown Tampa and St. Pete have been growing. But then others also told me that Winter Haven, Davenport or Lakeland would be safer bets.
But yes, still kind of new to this. For my first one I intend to pay in cash and get a newer condo/townhouse with little maintenance needed for around $140k, renting it out long-term and selling if and when the comps in the area are higher. I know my options are limited but I've seen some out there. Now it's just a matter of trying to predict the best location to get the most out of my investment.
