I see you received a variety of answers...that is good....1st = yes you can rent in coco woods lake...2nd = someone on the deed must be 55 years old or older and the tenant must abide by the age restriction as well.
Personally I think age restricted neighborhoods make good income properties, Why...I like long term tenants and people in this age group have a tendency of staying in one place longer...plus they are better working within their budget. It is true you have less of a pool of potential tenants looking but the key to me is getting a good paying tenant that stays for a long time. HOA fees??...... yes it cuts into profit margins but the neighborhoods tend to be more appealing to live in.
Of course I too would be happy to consult with you and make the necessary discoveries
so you can achieve your Real Estate goals.
Your a lifeguard? Ocean? I ocean swim at Atlantic Dunes in delray beach ...30 minute freestyle swims regularly....I hate what Sandy did to the beaches and my regular swimming area...all new challenges with new sand bars...more rip currents...
Randolph D. Cisneros P.A.