Buying in Florida Good/ Bad Idea?
Hello,
I?ve been asked to invest in a 4 bedroom villa in Florida. I have no idea about this type of thing but wondered what the general feeling towards buying such a property in that area is at the moment. The property would be purchased on a 30 year repayment mortgage and then rented out for 40 weeks a year through a management company who take 30%. Anybody who knows any positives or negatives please chip in.
Thanks
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