The plot is around 26000 sf, beachfront, great tourist locationThe build quality is high, and it survived the tsunami of 2004 intactThe place is fully staffed with a manager who's been there for 19 years, with no intention of leavingThe place is one of the few in the area that holds groups (the whole complex is rented out to groups of 12-23)It is currently earning 100k eur per annum with only 50% occupancy (the owner is older and does minimum to market - old website, airbnb, booking.com, homeaway, tripadvisor)The average occupancy of the area is 74% so there is a lot of room for revenue growthThe rates haven't been raised for 3 years and it is due for a 5% rental increaseThe reviews are stellar on all sites, with many repeat clientsThe venue is ideal for weddings, reunions, parties, bdays, etc, and the staff handle everything, including an on site chefWhen you stay there it's like having your own resort on the beach to yourselfOwner will act as consultant for up to 1 year for freeSo, he wants to sell to my husband and I, as his manager and he really like us and know we would keep the staff and concept the same.

May have some time Wed (29th) evening, or Fri (31st) morning, but agenda is still a bit fluid. 

We had to request an extra week because we had to be out of town for a wedding on scheduled court date and the magistrate required that one of us be there.

Because Charleston is a vacation and wedding destination, we've seen a lot of properties turned into party houses, which the neighbors hate.

Coming back, don't worry about all the disturbances, work on your main theme performances and things will fall in place with help of others.

I downloaded a file from the adventures in CRE wed site.

I recently got engaged and am looking to move in with my fiance to save money before our wedding.

Well, I definitely learned something this week because my plan was to use my wedding funds (wedding is this month) towards the down payment.

Hampton Roads Landlord Assoc - Meets the first Wed of the month for a lunch and Learn.

My wife and I do have Big goals but we want to be financially stable when we build up so that we can enjoy life together while working less.. and with less stress.. lots of good advice here but the main theme is to do what feels right to us and I think we know what that is now.