Obviously past results are not necessarily indicative of future performance, but it seems like a great investment for accredited investors to get a low-risk, solid return in exchange for some illiquidity.

Beach condos can perform well but it is more competitive than SFR. 

We are in Los Angeles, and although we do not own anything in SD, we hold a loan on a portfolio of SFR's there that is not performing at the moment.

To maximize its appeal, highlight rental performance, market it on investor-focused platforms, and consider selling before the academic year to attract buyers ready to capitalize on rental income.Good luck!

Just like when evaluating a potential purchase you should be performing the same due diligence with rents.

.- PM is contractually obligated to perform annual maintenance/inspection to keep property in top shape. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000. 

Also, I just came across this post: https://www.biggerpockets.com/forums/921/topics/1227533-is-n...I have no idea who this person is or how accurate, but you may want to investigate if you are thinking about the UK market.

Dump the thing and either hang on to the cash while you find a performing asset or 1031 into something that does perform.

Not sure how accurate it is, but could be directionally helpful.

Hey @Sidney Duquette so I am not a fan of buying properties that can't perform with the hopes that it will build equity to offset the losses.