Are there any investors or real estate agents who can provide their thoughts on the area?

However, one great strategy I have seen is getting a mid term rental for the slow season, and then going back to STR during the hot season.

I’ve had numerous issues with Airbnb first as a property owner/provider and later as a tenant.  

Not every skip tracing company is set up to accurately provide that information and/or charges extra to do so.

They might offer alternatives like real estate investment trusts (REITs) or crowdfunding, providing a kind of indirect link to real estate.

This is after spending a lot of money to provide the appropriate paperwork and drawings to the City in hopes of a zoning change.I believe Milneburg is part of an HOA.

It's calculated by dividing the NOI by the property value.While cap rates provide a quick valuation metric, they don't account for future income streams.

With no disrespect intended to BP, most of the folks I run into who use the various calculators provided here have NO real understanding of how to analyze an actual deal.Much in the way one can't become a Jedi without building a lightsaber, you won't become a confident and complete real estate investor until you can build your own analysis spreadsheet.

You provide capital and are totally passive. 

Activities such as appealing assessed values, shopping for cheaper utility providers, shopping for cheaper insurance, or even energy efficiency upgrades are all on the table.