I can't pin the issue on anything specific (some bad luck with storm/tree damage, high tenant turn costs again and again, 2 different property managers), but we decided enough was enough and sold it this year.

Hello fellow FL investors and Floridans wonder if you could drop some of your two cents here.

Investors especially new investors drop the ball because they don’t have an adequate budget to continue marketing and they only look for the low hanging fruit.Thanks for input

I'd look at similar properties on Vrbo and Airbnb then look at their pricing and availability on their calendar You can get a good idea of what you can gross.Then drop this in a spreadsheet and look at all your expenses to see what your net numbers could look like.You can find typical expenses here on the BP blog.

We'll flip 40 homes this year and list another 20-30 on the retail market.However, that means that we have 300-400 verified sellers that we drop the ball on every year because we can't pay what they need.My imperfect solution so far is two-fold:1. we have an in-house real estate agent that helps retails buyers & sellers2. lock up the wholesale deal and refer it to another wholesaler in the area to market.

However Parsons ave is a cliff and the wealth drops off tremendously as soon as you cross over it.2.

Have an Air BNB / VRBO short term rental that is out of state and our property manager is technologically adverse so I would like to handle setting up the door lock PIN number using our WIFI.

Not exactly an impressive amount per month.On the flip side, if we drop 30K in an index fund that "currently" indicates a 10+% average over a 10 year period of time and put 3k+/- per month in it, by the time 10 years has lapsed we would have a significant amount of funds that are effectively liquid and not tied into an amount of equity that we would have to leverage or sell to gain access to.At this point no decision has been made.

Even in the better areas, i saw occupancy drop and rents that are not supporting current prices.

We are pretty rural so there are 4 dumpsters just down the road to provide trash drop off for those who don’t have pickup.I try and keep a good line of communication.