Moving to Florida: Still House Hacking Multi-Unit Opportunities?

[Stephen Swanson]

I'm moving to Florida, at least for a year or two.  My job allows me to work from anywhere.  I'm excited about house hacking, but Southern Florida margins look too thin,  Jacksonville is hot but looks super-competitive with a lot of cash buyers, Orlando too expensive and Tampa looks  like  a maybe.  I'm looking to leverage the benefits of house hacking (more leverage, better interest rates), unless it's really wiser to put my limited money in another market in an investor loan.  Not wanting to put in a lot of my own cash into Florida, if it could go further elsewhere.  Thoughts?

[Frank Macias]

Hey @Stephen Swanson,

I am also moving to back to Florida (Naples specifically) and will be doing the house hacking idea as well. In SWFL, the real estate is expensive but there are some, very few, but some properties where you can house hack and maybe break even but I think you have figured that out already. The further you go inland the cheaper the properties get typically. So if you want to live close to the coast you might be limited in what's available.