This is true regardless of how long you have owned a vacation rental. 

Figure out how to actually analyze property and practice.

A close friend of mine in Houston once had a client who owned two properties across different states.With your North Port place being so fresh (2021 build) and on a canal, you’ve got strong appeal for folks looking to enjoy that waterfront Florida vibe.

A property hoarder keeps properties just to keep them.

Seriously, it's important.And as mentioned above, the amount of rent you receive on multi-family properties is based on 12 month rental comps.  

Keep in mind that inexpensive properties are inexpensive because they are less desirable properties in less desirable areas and attract less desirable tenants.

Based on your question, I'm assuming you're looking to flip this property rather than rent it out, is that accurate?

On a 320k property Ill be paying 9k annually. 

The city wants to tear the property and surrounding properties down Zillow said it’s worth 38000The city offer me 13000.I could use some adviceHard to give advice with limited information, but as a general rule, the longer you wait and the further down the line their project is the more valuable your property will be to them.Zillow (and all automatic online) estimates are very unreliable, so don't base on that.

Hi Tom,Those revenue numbers are wild... they're higher than I would have thought but those three properties are pretty sexy.