Originally Posted by COHgirl
We are running away from Florida
We are heading down in a few weeks to get the condo ready to sell. It's about $120k. Insurance is almost $3k a year and HOA is $210 monthly. It's a nice place but it's located in the Winter Haven area. We figured for what it costs yearly to keep that place we could spend the same for a couple of months at the beach. Less responsibility.
As I step into retirement, this is our mindset as well. We enjoy NY State weather except for 3 or 4 months. I don't want the hassle of owning a property 1200 miles away, and as far as the expense, for 2-4 months, better to rent. Also, this way, we aren't locked into a single location.