Destin Florida AIRBNB/Vacation Rental- Condo or House?
Hey BP. I am looking at buying a property in Destin, FL for short term vacation rental/AirBNB. Should I buy a condo or a single family house? With the condos I am seeing HOA fees up around $800 or more per month. I would want to be putting that money to a larger house payment instead, but if condos are going to give me a greater ROI then I am fine with going the condo route. I am familiar with the discussion against condos and HOAs taking away autonomy from owners. Just wondering if in this scenario the pros of a condo attracting more tenants would outweigh the cons.