Suggestion appreciated: Area to buy and hold at Orlando?
Orlando recently draw my attention for potential next purchase for buy and hold. I'll be an out of state investor and manage it remotely. Based on my past experience, I like to focus on SFH and for longer term lease (instead of short term vacation homes).
So I'm currently consider 2 area, thinking 1500-2500 sqft. <$300k.
1. new UCF. There are other employers like Siemens also. zip code 32826, 32817
2. Alafaya, Avalon Park, zip code 32828. Those area I will more want the home with schools rating 8+.
I also looked at Lake Nona area near the airport but I feel above 2 are better? Also seems Lake Nona area has a lot of new built home at comparable price may prohibit home appreciate quick? Maybe I'm wrong.
Anyone familiar with Orlando rental market can help provide some suggestions? are my choice 1) and 2) good for rental investment? choosing between 1) and 2), which one better?
Also appreciate if anyone has good property management / investor friendly realtor to recommend.