How is the Lake Nona/Orlando Market?
Hi again! My husband and I, who live in CA, are deciding on buying an investment property but we are also taking into consideration my mother, who we currently help with rent down in Lake Nona. If we were to buy something in Lake Nona, it would obviously not cash flow as we would have her move in and essentially just help a bit with the mortgage, but how is appreciation looking in that market? I haven't seen Orlando on many lists of cities to invest in. Ideally we would buy a multi family property here in San Diego and have her live in one while renting the other, but the math just doesn't add up in SoCal now, maybe not ever, so for now we will probably keep her in FL. We do feel like we are throwing money away helping her with rent when we could be putting it towards an investment property instead, but there is always the fear of pulling the trigger on the first home that isn't your primary.