What @Mackaylee Beach said....at least have this guy fill out an application and check his background (and charge accordingly).

- just starting out I would steer clear, it's nice that the rental income is guaranteed but that can be a rough tenant base and many new real estate investors just get smokedIf I was just starting out in real estate and had $750k to play with, I would really try to understand my goals - is it to retire on a beach and be completely passive?

Hi Art,  No, we've just recently closed on a beach rental and I'm about to close on another this month. 

“Work from anywhere, even a beach in another country.

Jeff Beach seems to have a lot of money from clients. 

As a resident (who travels a lot) I would say the Midwest does not have the attractions like palm trees & beaches (the great lakes are cold) or amazing mountain ranges, which often come with some disadvantages like high cost of living or hut/humid weather, stroms etc. 

I have been thinking small office or retail (which I have experience in); larger multi family (10-20 unit), RV Storage, and have even thought about beach front hotel, or at least ocean view hotel.

A general rule of thumb though (not a hard rule) is that if a market has a prolonged history of vacation rentals such as towns whose commerce is very dependent on tourism like beach or mountain towns, then there is a good chance than those towns have established their airBNB regulations decades ago and are likely stable.

As I looked into Gulf beach house investments, the numbers there are break even.

I'm located in Daytona Beach, FL.