Investment Info:

Condo buy & hold investment.

Purchase price: $80,500

Cash invested: $20,000

This was my husband and I's first investment property that we purchased in 2017. We just fully renova...

It's the Levi's 501 of real estate purchases -- never goes out of style.

We spend a lot of time furnishing and styling these units. 

The tricky part is if you switch contracts or have a gap on employment when you close, which happens in that style of employment. 

Same kind of style that David C. was mentioning with Crash Course.

My thinking is account for all expenses and hope that it being a new build will save me some time before having to perform cap ex style repairs (I do have about 50K cash on hand after the closing of this property so i feel comfortable with handling curve balls for a few years) New Build structure and neighborhood/school gives me hope that in 30 years i can still command a decent rent on a property 30 years old instead of trying to take something from 1970 all the way to 2055 and still get decent rent out of it .

I would suggest speaking with a loan officer who can break down the math for you to see the differences between these types of acquisition styles.

However, it is definitely not one of the resort style communities like Championsgate or Winsdor Island etc.

Likely bad tenant out and you get to pick someone compatible with your style.

The best performing short-term rentals in the Orlando Disney area are larger homes in resort style communities.