Its free and clear so the expenses will be minimal to hold it for a few years.

Investment Info:Single-family residence buy & hold investment in Lucien.

I'm wholesaling and looking for seller financing deals to hold as rentals.

I am only buy and hold and am up to 32 houses.

Increase in property value as a long term hold until the right number comes around that you were looking for. or b.

While this can be good for long-term appreciation, it can also impact cash flow for buy-and-hold investors.Insurance Costs: Florida's hurricane risk can translate to higher insurance premiums for property owners.Competition: Florida's popularity attracts a lot of investors.

With an $800k ARV and $500k purchase price, your gross margin ($300k) shrinks significantly after adjusted reno costs, holding costs, commissions (~$90k+), and closing costs.

For those holding hope they will fall and save existing deals, don't hold your breath. 

They tend to cost more to construct then they add in value, they are generally more valuable for a property you are holding as a way to generate more income.

Properties typically on a land lease in communities like this are more difficult to get financing on - so not only check the values but also time it takes for these properties to sell to understand your holding costs