You can remove Miami (and all other cities in Florida, really) from your list.No such thing as a basement in the sunshine state (water table is too high).Not going to find many livable attics either.  

Being a landlord is not all about sunshine and roses...I was reminded of that yesterday.  

See the light, let the sun shine through the clouds of forum advice. :)    

My take is that maybe it makes sense in AC savings with glass curtain walls, or western sunshine states, but here in the NE with small windows in older buildings, it's a waste of money.

Good luckEach year, big time developers in the sunshine state save millions in property taxes by, yes, renting cattle

Bottom line, it is a great opportunity for the right person but it isn't all sunshine and rainbows.

Which one suits your personal style best and seems most likely to be able to work for YOU.Nothing is guaranteed in this business and without knowledge you could find yourself spinning your wheels in the mud and not making much every year, or losing portions of your investable money do to lack of knowledge.That being said, study up on some of the different ways to make money in this business, and pay attention to the risk involved with each, both time risk and money risk, (risk/reward) and find YOUR Sweet Spot of Personal Effort and Risk.Then once you have chosen a particular path (to invest your money) move forward, paying attention to the state of the economy in the area you are investing in.There are many roads to your goal, figure out which one is best for YOU, and then NEVER GIVE UP in the face of adversity....because this business is not all Sunshine and Roses...but it can be very profitable--(IF) you know what you are doing.Good Luck!  

The Podcast is sunshine and rainbows.

Make hay while the sun shines!

Spring time brings sunshine and a rent raise at this time of year doesn't seem as bad.