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Updated 5 days ago on . Most recent reply

Things to consider when investing in Orlando
Hi! I am looking to invest in condos (or dare I say multi-families) in the Orlando area. I am mostly familiar with the Connecticut market where 2-4 MFH are very common and laws are generally not much different for primary homeowners than for investors.
That said, I am exploring an opportunity in the Orlando area to invest in some condos in a great location, however, HOA costs seem prohibitive, insurance is obviously very high, and STR is usually frowned upon in Orlando, I am curious if there is a winning strategy out there folks are willing to with share?
Please feel free to share any intel you have or advice you can share! Thanks!!
Most Popular Reply

Thanks, @Shawn McCormick!
To answer your question, STR is the better money play to mitigate some of the risk HOA costs present. My preference is LTR, but that seems unattainable in many areas.
It’s good intel of verifying the condo is warrantable and finding the right mix of investors to owners. What’s the best way to determine that - good old fashioned owner lookup? Or is there a more efficient way to verify that?
Thanks again Shawn!