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Updated almost 2 years ago on . Most recent reply
Choosing Between Two STR Units
Hi! I wanted to get some objective opinions. What do you think?
Looking at choosing between 2 units for STR at the beach off 30a in Florida. Both units in the same condominium complex.
Unit 1 - $500k. No rental history (used for family only). $30k in renovations to be done.
Unit 2 - $600k. Very solid rental history (slightly above 10% rule). Only minor works to be done.
Thanks!
Most Popular Reply
Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
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#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
They’ll likely perform comparably depending on management. Don’t over think it just pick the one you like!