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...Many homes remain too expensive for this plan; the cost of a mortgage, insurance and taxes is higher than the rent the property can realistically generate. But for the first time in years, home prices have slipped enough in some regions for the math to work, including in Destin, Fla.; the Outer Banks of North Carolina; Branson, Mo.; and the Smoky Mountains, says Karpinski. Her rule of thumb: if one week of peak rental income can cover a month of mortgage expense, the deal is a winner. The trick is getting over your fears. With retirement facing...
Barbara Bailey, ROCKLEDGE, FLA...
...ORLANDO, FLA...
Jenn Coolidge, LAKELAND, FLA...
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