The ratio between new construction prices vs rental rates in Central Florida is healthy in the targeted areas (Marion Oaks, Villages, Silver Springs Shores, Belleview) and the goal would be to find a 1% rule deal i.e buy a Duplex for 300k and have it rent for at least $3,000 a month.

With condos, you need to make sure they have a healthy reserve fund and are well managed. 

I don't feel over leveraged borrowing 70% of APV from my other properties that still have a healthy cashflow but just think there is always a better way if you can use other peoples money or owner financing.

They are saying that demand is still strong but all the additional STR's is cutting into the occupancy numbers.https://www.airdna.co/blog/airdna-market-review-us-november-2022?utm_campaign=Newsletter&utm_medium=e...

This can drive up price …In most markets you have a balance of appreciation vs cash flow and you are usually sacrificing one for another…however not in all cases as the goal is to find markets with healthy amount of both! 

Being HH#2, healthy savings will will cover for those oh crap moments that always come up

I appreciate that, glad to hear that you guys are seeing a healthy supply of tourists coming through! 

Even if you give them a healthy equity position you would still be able to grow and take advantage of the equity moving forward.

But with a combination of healthy savings and decreased living expenses, all of that can be recouped very quickly.

An automatic drivable lawn mower so dad doesnt have to push that damn lawn mower in the middle of the jungles in Suriname... crab legs every night... no more looking into my wallet to see if I can afford this can of tuna, eating healthy, travel... finally building my army of robotic minions so I can take over this damn planet, overthrow the orange baboon and become the black baboon so I can stop pretending to be the funny nice guy here on the forums and  become the evil little overlord supreme being 6th element and take my rightful place ruling this little mudball!