Out of State - Investing in Florida?

[Simon Wold]

Hello BP-

I live in Seattle, WA and am focusing on implementing the BRRRR strategy (5-25 unit buildings). I have been searching in my local area, but it is very hard to find a deal that makes sense. You will be lucky to find a property that meets even the 1% rule here.

I'm currently researching markets to decide where this strategy would work best. Which areas in Florida would you recommend and why?

Any insight is greatly appreciated!