Build/Buy Vacation Rental in OBX (Corolla)

[Del Crockett]

Hey all,

Does anyone currently (or recently used to) own a vacation home in OBX (Corolla more specifically) that is willing to speak to a few items and general feedaback:

1. Vacation renal income norms over the last 2-5 years. ROI. Are you covering your cost consistently?

2. Impact (if any) of what seems to be a change in the weather patters (hurricanes reaching the area more often) *Thats not meant to be a factual statement, just seems like it. 

3. Type of insurance recommended to carry in a Zone X flood area.

4. And finally, if anyone has experience renting in the Corolla 4x4 area - does the beach driving impact your rentability? What's the general consensus? Are vacation renters nervous to rent up that far north without pavement roads?

If there are any other facts or things a potential new investor should consider with OBX - I welcome your thoughts.

Thanks