Let the money stack up until you either want to buy another SFH and do the same thing, or decide to spend it on a Ferrari.Just my 2 cents.I can’t argue.  

I live in Miami Florida and I pay over $3 per square foot in rent with some going as high as $5.

Thank you all who responded, I plan on spending some time driving the neighborhood and talking to anyone at the local coffee shop who will talk to me. 

Hey @Brett Baker, generally, any place with a great water view or directly on the water will bring more revenue.Of course profitability will all be based on purchase price and prevailing nightly rates in the area.If you find a cool 2/2 or 3/2 right on the water with a great view for 1.5m or a 2/2 or 3/2 house a block away for 600k, then I would look at the house over the condo.

Over the years I've also noticed some issues in those areas and others. 

I currently work with investors building and diversifying their portfolios with Single-family homes over the midsouth/midwest, and I would love to connect with you and share some insight on the turn-key world and swap investing goals.

When you start asking the question, where are we going to get more housing for all of the 20,000 people moving to our valley every year, you look around and say: "I guess I will".Our first project has been over 3 years in process with a handful of friends and my Dad as the primary investor, we are ready to break ground on 17 units of townhomes and multifamily units for sale in West Boise.

Over time, their portfolios have grown, and each property is more affordable than what they can find in the West.

Originally posted for 100k over what the purchase price was I submitted an low offer and received a counter.

With that said I have some on beachfront properties for over 3 yrs with no issues, but I had issues on some on my mountain properties.