Is Myrtle Beach, SC Good For Cashflow or Only Appreciation?

[Jen Menchaca]

I'm doing a little market research to narrow down my options. Currently I am interested in LTR for cashflow. I understand this is difficult lately with interest rates, but I hear Myrtle Beach is a great market for investing. I am curious if anyone has come close to the 1% rule recently or if this market is purely appreciation based. I am also considering STR after I get my feet wet with LTR and figured staying in the same market would beneficial down the line. Any information or advice would be greatly appreciated!