That will give you the zoning code and other info (especially important if it is a multi family).

I typically prefer to avoid condos since I can’t predict HOAs and you want to be informed on zoning restrictions in the areas. 

But if the county re-assesses every 3 or 4 years, you will pay market prop taxes soon enough.I’ve been an investor for 46 years and this is NOT something I would do.Over this time, I have seen investors get themselves in trouble by being “too smart by half” often with creative tax structures that end up causing trouble but this is a another danger zone in my mind.I’d think long and hard before embarking on what you propose.If the acquisition doesn’t stand in its own merits and one needs to resort to chicanery to make it work maybe it’s not a deal.just my two cents.good luck,Arn

@Ashish Wa You have to be careful with local laws but ESA is definitely a red-flag.

Great cityI suspect it has more to do with the illegal STRs all being shut down. 5-points had a LOT that were not zoned properly and the city really came down on them.

--check to see if it is in a flood zone.

We must also monitor regulatory changes, tax policies, zoning regulations, and environmental standards that may affect property values, development opportunities, and operational costs.

Kidding aside, there are some red flags here, but not enough info to advise upon.Mike

Some years it might be in the red but I have the means to put money in if it does (though not ideal).Not everybody can do this.

red states in general, FL, TX still have great deals and offer good benefits for landlords.