Why Buy In Florida?
Florida has no income tax, and Florida earnings are not taxable in other states.
Fortune Real Estate specializes in manufactured housing resort communities and recreational vehicle parks and campgrounds in Florida because most Florida parks exhibit excellent income stability.
Parks also exhibit ease of management and an outstanding lack of risk when compared to other types of rental property. If you lease a house or apartment and the tenant trashes it, it’s yours to repair, but when renting mobile home or RV lots, your tenant fixes all these things, not you!
Most Florida communities cater to snowbirds and retirees; statistically the wealthiest group in the country, and notoriously on time with rents.