Im so sorry your in this situation, its tough when everything you have is in Florida that gets hit hard some years by hurricanes.

I recognize my numbers did not include closing costs and as you pay down the equity, the LTV decreases (but you get the equity paydown), but this return is so high that even if it had a modest hit, it would still be a great return.https://www.neighborhoodscout.com/ca/san-diego/real-estateAdding in forced appreciation can create an infinite return via brrrr.  

I would also recommend getting Greene’s book long distance investing because he hits on this as well. 

There are different factors in play.When Ian hit, you had people moving to florida in droves.

The deal worked out okay but the agent my borrower worked with wouldn't release the keys, even after escrow closed, until his commission hit his bank account, that among other small issues. 

Came across the area from a co worker as an out of state investor and realized that certain areas are able to hit the 1% rental target easily.

The national programs just need to hit marketing goals and they don't care what your result is.

I got caught in the storm last night but it looks like just off and on rain - should be OK most of the time and plenty of cover at the resort when the rain hits

We're just over in Biloxi so hit me up if you have any questions!

But on BP I can tell you even when folks hit you with a PM and you give some good advice many dont even have basic courtesy to reply with a thank you.. kind of like its expected so I dont do much of that these days .. unless its a very young person I am trying to keep from making a life altering booboo