My background and career has been spent in IT and Project Management.

However, we have the issue of storm water management (aka the rain tax) which is another example of the government not understanding the economic impact public policies have.

I'm sure it's like this everywhere though...The other thing to be aware of, is that you're required to have a property manager if you do not live within a certain radius of the city.

You have to submit an Operating statement for the past two full years and Year to date, Rent Rolls, Copies of leases, a letter of experience for property management, and a history of capital improvements for the past 3 years.  

I discovered this website after reading The Book On Managing Rental Properties, great book by the way.

If looking purely for investment purposes townhomes and single family homes zoned for short term rental are an option and may provide a more predictable occupancy profile provided it is properly managed. 

What about management fees (even if you manage it yourself you need to make those calculations, usually from 7-10%.)If the above numbers are correct then this gives you a 27% return on your money.

or talk to a property manager, or like us watch for "For Rent" signs and how long they are up.

Do you use a property manager? 

I currently work for a property management company in SW Florida.I have enjoyed learning about investment real estate, and hope to continue learning on this forum.Thanks for welcoming me to such a great online community!