Where to invest 120k

[Frank Rodriguez]

With those with knowledge on STR, would 125k be a better investment in the Florida keys or the Smokey mountains market?

[Dawn McComish]

@Frank Rodriguez- I'm a realtor here in the keys and I work with investors. My question would be - are you using the 120 as a down payment ? If so - are you able to get a mortgage ? How much down are they requiring ? With 120k you could not buy anything outright and if you have to put 20% down - you are looking at a place under 500k and there is nothing here for that amount. There are some good investments for around 1 million that have a nice ROI. There are very few places that actually allow str - contrary to what most people think. Happy to give you the specifics.