I would dig a little deeper, look at the demographics, look at the available product, and look at your objectives - then pick your poison.  

I completely get why condo associations need to levy special assessments and increase monthly fees, and specifically in this case to comply with the recently passed laws in Florida.My objection is to buying these FL condos as possible rental properties.Buying condos for investment is already a risky proposition.

Ultimately, your ROI criteria serve as a guiding principle, helping you make informed and strategic investment decisions tailored to your financial objectives and preferences.

With the increased competition among sellers, it’s crucial to prepare a listing to stand out among the rest and work to address potential buyer objections prior to going on market.

Remember, there are numerous deals available, and although I'm not deeply familiar with the Columbus market, I believe you can find a more favorable opportunity with a positive net return.If your primary objective is passive income, as indicated by this scenario, investing in the S&P may indeed offer a more passive approach.

While a better-appreciating property might be feasible, ensure it aligns with your investment objectives.

The term “real estate” or “real property” means the land plus anything growing on it, attached to it or erected on it, including man-made objects, such as buildings, structures, roads, sewers, and fences, but excluding anything that may be removed from the land without injury to the land.Krocs genius was own the land erect a building and in that building rented to a franchisee, sell what Kroc created.

Do you believe Wesley Chapel, FL, aligns well with the investment objectives of an overseas investor, or do you see other compelling opportunities elsewhere?

The shiny object syndrome in real estate is a thing.Feel free to reach out with any questions on Flipping or Wholesaling. 

Your main objective should be building a reliable system that works for you on your first deal.