Build-to-Rent in Florida
I’ve been investing in rentals for the last 15 years with properties in CA, GA, and FL and recently been purchasing single family, duplexes and quads in the central Florida area and now researching the Build-to-Rent model. My thought is that if can build under 150/ft and keep the total cost in low 200s, the initial cash-flow/return will not be great but can make up for it with scalability, low maintenance and better appreciation. I’m currently focusing on the Corridor between Tampa and Orlando (Lake Land area) and would love to hear everyone’s thoughts on this strategy.