What Naples area or community will appreciate the best?
The best investment will be that property that can be purchased at the best price relative to it true value.
What price range is best for investment?
Generally the lower price ranges seem to present the best opportunities. There is a greater pool of potential buyers in the lower price range, and available inventory is low.
What is the return on an annual rental?
Monthly rents for an annual will be much less than the seasonal rent. Annual rents will typically have a cash return in the 3% to 7% range after out-of-pocket expenses.
How do I get it rented?
For seasonal renting, owners that take charge of it themselves have the best results, by listing the property on a rental site such VRBO.com or community bulletin boards. Those that do not want to hassle with things will have the property listed with a local agent. For annual rentals, it is best to have a rental agent.
How do I manage the property?
If there is a rental agent, then they manage things while it is rented. And then most owners will have a home watch person that checks on thing while vacant.
What type of properties rent the best?
For a property to rent in season, it must be the type of property sought after by seasonal renters, as described above. More condos rent than single family homes.
What type of rental restrictions are there?
Most communities will have a 30 day minimum rental policy. Most beach condos have a 90 day restriction. Some condos have 7 day or 14 day minimums, but these are viewed as more transient communities. Usually renter are not allowed to have pets.