Ever since Hurricane Ian hit Ft Myers, Cape Coral, and Lee County areas we have seen a lot of transition from VR to annual.

https://www.biggerpockets.com/users/ZacharyCole/referenceshttps://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-reviewhttps://www.biggerpockets.com/forums/92/topics/1116050-a-huge-win-with-cori-from-rent-to-retirementhttps://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-dealhttps://www.biggerpockets.com/forums/88/topics/1047543-big-profits-from-new-construction-sfr-build-in-cape-coral-flhttps://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?

If you went to the roulette table and they paid 3-1 for red vs black vs 2-1 then that would be awesome but if it paid 1.5-1 that would stink.

That always makes it so much harder to rent, or secure a great tenant.Here's my standard go to list now for long term rental updates:-LVP that looks like wide plank white oak-Ultra Pure white on all the walls-Vertical/ modern stack backsplashes and showers-Pop of color on the cabinets (pop of color can include black too)-Butcher block countertops (lower end) or white quartz countertops (higher end)-Modern light fixtures in brushed brassKeep it neutral still but a couple of style choices with the light fixtures (which are cheap) and it will appeal to the masses.Good luck! 

Those who found themselves in the red, are added pressure as they work to reprice into the black.

Just a stone's throw away in Cape Coral you have the "Seven Islands" coming to completion. 

If Levittown 4/2 cape style homes are trading at $699K fully renovated (for example) and the home needs ~ $200K in work, you'll know that any asking price above $500K would likely not be worth it. 

Rest assured , LP investor would have 100% chance of saying "what the hell why are they doing this".You would not believe how many LP investors are disappointed becaused they have been duped in some ways or another.Investing in syndication is almost like black box literally, you pray the market support then and their execution would do well.

Right now what is popular is black and white.

Hey @Donald Muschany, I see you're in Sarasota - are you intending to have a more SW Florida (Cape Coral, Ft Myers, Naples) or more around the Sarasota area?