It is now being forecasted as one of the fastest growing markets in the U.S. and prices are still relatively low.

Love to hear your thoughts- AC unit needs to have an exterior side panels and brackets to support to secure the unit- Do not screw into the window sash as this will damage the window and you will be responsible- Install weather striping to avoid water or critters from entering your unit- Unit needs to be tipped towards the outside to avoid condensation and damage to floors- Landlord is not responsible for their Air conditioning unit if broken- Tenant is responsible for window, floor, ceiling damages caused by poorly installed window unit- Window unit should not be installed before May 1st and must be removed by Oct 1st

For example, in Miami,FL you don't use cashflow projection but use appreciation forecasting.

If you have  / can find suitable land (topography and zoning can be an issue), have access to the necessary capital (more expensive), can be more patient with the timelines (new builds will take quite a bit longer, especially on multi units, and dont' forget to factor in possible weather delays), and enjoy the process of designing something from nothing - GO FOR IT.One big caveat: make sure you have the RIGHT General Contractor who really understands new construction.

again, it's not "my" specific scenario. every year, OK gets hammered with storms and people's roofs get replaced that doesn't harm one's premium. my roofer was "able" to tie it to whatever storm they had on this fancy weather app they use and used it to submit the claim. was it really "that" storm?

@Muthu Subramaniam, the larger the number of units the easier it is to budget for and weather the ups and downs of property maintenance costs.A warranty will cost SUBSTANTIALLY more in the long run than the value you get from it.

The value of the condo went up (that's good), but the rental situation in Sarasota went down.Long story short, I can hardly make the mortgage with the forecasted rental income for a midterm.

Of course there is always risk, but if you buy a good deal you should be able we weather most storms, figuratively speaking.Best of luck!

Do you have the capital to weather the super slow seasons if you have them?

I put bait stations like this: https://www.amazon.com/Mouse-Stations-Scented-Outdoor-Indoor... and fill them with bait like this: https://www.amazon.com/Tomcat-All-Weather-Bait-Chunx/dp/B000...As long as I keep the bait stations full, the mice never go inside the house.