I have met two couples who did this the guys are cousins. It worked out great other than when the kids and grand kids came down as they were all wanted to come at the same times since they grand kids were all in the same school system with the same schedules. But for the adults only it worked out great. They have since sold the first place and both couples purchased side by side villas and now all the kids and grand kids come and all enjoy The Villages together.
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Anderson Indiana---Indianapolis Indiana--- Village of Poinciana Full Time
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