Failing Airbnb in Florida- want to reinvest but not sure where.

[Aspen Potter]

I currently fully own a million dollar AIRBNB in Fort Lauderdale, Florida. The ROI isn't as great as I would like and the cash flow is too inconsistent. I am looking to reinvest elsewhere. The short term market is too inconsistent for me so I am looking at either getting into mid term rentals or long-term rentals. Would love any advice on where / what I should 1031 exchange this to.

[Brian Cauldwell]

Hi @Aspen Potter!

It depends on what you are after. Two different factors for ROI. Cash flow and appreciation.

If you are looking for appreciation a lot of people seem to think Georgia, Texas, Florida, and North Carolina will be good bets. 

If you are more interested in cash flow, then the "Midwest" is going to look the best. Places like Ohio, Missouri, Indiana, and Pennsylvania. For long term rentals, they have great cash flow.