We always perform a clean and inspection, with photos, before move-ins.

A cost segregation study was performed on this auto repair shop in Nevada with a depreciable cost basis of $1,250,000.

There are a ton more things to go through, but start there to get some idea of how it will perform.

From alot of investors on the forums, Orlando appears to be a saturated market with more barriers to entry in order to have a performing property in that area.

However, the price fluctuates like stocks, so you may sell for more or less than your purchase price.REIT share prices can increase or decrease based on market demand, real estate trends, and the REIT’s performance.

One of the things many say is that you must intend to perform on a purchase agreement or it could be fraud which is BS.

Finally, there are digital nomads and some theater performers who need to stay for more than 30 days.

They even have a value add less than performing a garage conversion.  

That market from what I can see on the few trips I made to perform due diligence is really robust and such a pretty area I can see the attraction for those working in Tech or govmit in DC. 

Periodic 1031 exchanges when appreciation stalls out, or performance goes down, or trapped equity is costing you return are all great strategic moves.