That being said, it's really not uncommon at all for occupancy rates in urban / suburb destinations can be equal to or greater than tourist areas. 

If you did it yearly, do you find it much harder to attract tenants at a condo vs a house?

We have worked very hard to get our personal finances attractive to lenders and we are ready for our money to work as hard as we do. 

It’s the only way to achieve the returns that attract capital.The only reason 4% cap rates make any sense at all is because in some markets rents are climbing 20% or more in a year.  

It depends on where in Bethlehem your property is located as far as the quality of tenant you will attract.

It will cost more to furnish but be a more attractive place for guests to stay knowing they have the whole place to themselves.

Wanted newest nicest apartments in area to attract the better clientele.

Young professionals, baby boomers, and residents who "treat my properties like a HOME" When you start with the end in mind you end up with a portfolio full of properties that will attract your IDEAL resident.

You would need a DBPR business license if you will not occupy unit while renting and then registered with Charlotte county Tax collector for the Tourist development tax which is 5% and also registration with state sales tax due from the Department of Revenue of which 7%

Also, @Mel Adams what attracted/attracts you to this market vs others?