It is common area and I assume you excluded it and would be entitled to be a guest of your son.

I'm betting he'd drive to that area.

For example, if the property you are buying is a development property, like a small house with a large lot in a developing area, then a small negative cash flow could be okay if you can carry it.

If we do a Self Storage development we expect a 400% COC return.  

If you are backing out of Florida because the properties aren't doing as well you like, why would you look for more units in a similar area and think the numbers will work there?

What areas do you recommend?

218K seems a little low for the area.

If you have $210,000, you can easily make 10% as a bridge/hard money lender in your local area.

As a newbie, I’d love to connect with local investors and agents to learn more about the area and refine my plan.

You're near a lot of water rec areas.