South Florida Real Estate Invsting? Ft Lauderdale, Weston areas or beyond?
Hi I was wondering if anyone has recommendations for areas that are good for buy and hold / cash-flow / income properties in South Florida. What are areas that are undervalued or that have potential?
I'm looking for some small investments, turn-key income properties or possible fixer-upper/ distressed properties. Most likely buy-and Hold, but could possibly flip or resell in several years.
Any areas that have potential for long term appreciation or growth? A friend of mine mentioned Lakeland, but I believe that is over three hours from Ft Lauderdale. How about Ft Meyers Pam Beach, or Palm Bay areas?
I'm from Los angeles where properties are highly overvalued. I already have years of experience with buy-and-hold income property, flipping and some small commercial buildings. I'm visiting town for a week.