were in MD are you located?

Hi Bonnie,I am not as experienced as some of the people on here, but I'll give a response based on my situation.Alot depends on your location/region of the country as far as trends.

In fact, the study cites the small hotel market of Coral Gables as the lone location where condo-hotel buyers could expect returns (of a modest 1-2 percent) on their units.Condotel Investments: A Smart Idea in the Philippines !

Or, locate someone to put good deals together for you in your name.

I am somewhat interested in buying multifamily units in this location to hold.I have seen some interesting properties!

What type of real estate do you do in long island?

Finally locate the property with margin and a buyer.Good Luck

I believe that taking on a small rehab located in my area would work best for me given my experience, time and more importantly - cash.

looking at rentals only - lets say your strategy is to purchase to hold and rent - thus sucking up appreciation, depreciation and cash flow, tax benefits etc.rents usually are comparable to values in the area OR they're less (not good - see Long Island, New York).

You might get better results if you let people know where you are located.