I understand the two main downsides of condos being monthly fees out of your control and little appreciation. 

This works with any type of appreciating property such as real estate, stocks, etcDepending on the appreciation rate, you can potentially see asset values double every 7-14 years.Likely around 7 years if the appreciation rate is 8%Likely around 14 years if the appreciation rate is 4%If you buy something for $100,000 and it appreciates to $200,000, you can potentially take a loan on the $100,000 appreciation which would not be considered a taxable event.However, be mindful that you are paying interest on the loan and you have to payback the loan but yes, it would not add on to your taxable income.

Any help is appreciated!  

Any insights on correct pricing and any other advice would be greatly appreciated!!! 

Our new house is also in a neighborhood with FASTER APPRECIATION, better schools, etc.

Quote from @Scott Pavich: @Michael VelezI appreciate that.

Consider the property prices, potential for appreciation, and long-term rental demand in both areas.

You can still find the 1% rule and get amazing appreciation here.

I really appreciate it.

Tampa tends to have more affordable multifamily properties with a balance of appreciation and cash flow.