The 5 Best Rental Properties to Invest In (And Which Ones to Avoid)

Are you ready to build a real estate empire but don't know where to start? In this episode of SlumDogg Millionaires, hosts Desiree Doggett and Kayla Lamb break down the top 5 investment properties they manage in Florida and exactly what it takes to run them.Des and Kayla cover the pros and cons of single-family annual rentals, luxury short-term seasonal rentals, small multifamily house-hacking, transient hotel-style properties, and massive land development. They also discuss the hidden costs of property management—including Florida's 13% tourism tax—and share their favorite (and least favorite) properties to manage. Stick around to hear a jaw-dropping story about a luxury turnover that involved a naked intruder on the couch!🎧 Hosted by: Desiree Doggett & Kayla Lamb💡 What You’ll Learn in This Episode:✔️ Why single-family homes with no HOAs are the safest bet for new investors.✔️ The intense, hands-on reality of managing luxury short-term rentals.✔️ Why duplexes and fourplexes have the lowest vacancy rates and the most loyal tenants.✔️ The highly profitable "transient property" model that completely bypasses the eviction process.✔️ How to transition from a tenant to a homeowner, and eventually to a real estate investor.🎙 Follow SlumDogg Millionaires:🌐 Website → https://desireedoggett.sarasotahousehunt.com/📘 Facebook → https://www.facebook.com/people/SlumDogg-Millionaires/61576754805249/📸 Instagram → https://www.instagram.com/deztin8cion🔗 LinkedIn → https://www.linkedin.com/in/desiree-doggett-46776814/📘 Facebook → https://www.facebook.com/kaylaLovestoSell/📸 Instagram → https://www.instagram.com/kaylalamb1217/🔖 Don’t Forget to LIKE 👍, SUBSCRIBE 🔔 & COMMENT 💬 Below!💎 Produced by Icons of Real Estate → https://iconsofrealestate.com/