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Updated about 2 years ago,
STR Opportunity Analysis in Beaufort, SC
Looking at a 4br/3b, 1700 sqft deal in Beaufort, SC about 3 miles from Parris Island to purchase as an STR. The house is in good shape (really just needs some paint), and even includes a pool. I've confirmed with the city that the house can be used as an STR (granted I obtain a business license), and the analysis I have done says this house could do upwards of $70K - $100K a year. I'm very unfamiliar with this market (generally I have invested in FL), but ran across this deal and it seems to be really solid. Is anyone familiar with investing in that area that could confirm/deny the viability of using a 3-4br single family as an STR, or if there is anything I might be missing?