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There are a number of concerns in Florida market, and there are a lot of foreclosures there. It is a very scary market for me I have considered a number of times to purchase there, but most areas in Florida do not have a great rental market. Your best bet is trying for a niche rental market. Like house in Orlando that people rent by the week, in Miami a kosher rental for Jewish travelers, Clearwater Beach / Tampa is up and coming a lot since clearwater is owned mostly by the church of scientology. At the same time Tampa is still very low class, prostitutes, crime area.
Vacant Condos are good and bad. If you are one of the only occupants in a condo, well who is going to split the maintenance expenses? There are huge issues in the Condo market there because of this.
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Now, a clever man would put the poison into his own goblet, because he would know that only a great fool would reach for what he was given. I am not a great fool, so I can clearly not choose the wine in front of you. But you must have known I was not a great fool, you would have counted on it, so I can clearly not choose the wine in front of me.
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