Buying A Condo In Florida And Renting It Out Online

: Her monthly HOA fees rose quickly because of increasing insurance costs and new Florida laws requiring fully funded reserves for structural maintenance.

Sarah looked for an "investor-friendly" building that allowed . She found that many Florida condos have strict rules, such as minimum 30-day stays or even waiting lists before a new owner can rent their unit at all.

: To rent legally, she had to apply for a vacation rental license through the state and pay local tourist development taxes . Tips for buying a condo in Destin for short-term rental

: Sarah had to budget for unexpected special assessments —one-time fees for major repairs like balcony restoration—which can range from $20k to $80k in older buildings.