Vacation Rental Property - Destin Florida
Hello,
I plan on retiring in the next year or so, and I am considering buying a condo in the Destin, Florida area. I plan to live in it in the winter months (October - Apr), and utilize it as a vacation rental in the summer.
I am trying to get an idea what net income I can expect to achieve after expenses? Also, what expenses I should expect (HOA, utilities, insurance etc...).
Is there a source that will show me the rental histories of the different condominium complexes? I imagine the beach front properties have the best occupancy.
Thank you in advance for taking time to respond.
Lars