My family is boycotting Apple for two reasons.      1, We believe in capitalism/ free market, and having a market share of 90% for one company like Apple is not a competitive business environment.  

We do properties 75k plus in value, but, it’s a niche market with little competition at those loan sizes.  

The competition is really tough right now. 

The town treats it as a commercial lodging property so it's exempt from heavy-handed local STR restrictions.The sellers have been open for biz only part time in their retirement.  

So where else have you lived where you might have a competitive advantage?

Given the heavy front load of interest, the equity gained from mortgage paydown over five years may go unnoticed due to minimal going toward the principal.

I like targeting what I would call secondary or tertiary markets, because the lack of supply and the lower competition.

nope rentals but that's just based off of Zillow...my point being that state of the investor rental market has changed and to be aware of the competitive landscape, regardless of the type of exchange.

There are very few true oceanfront properties in Pismo, and only a small area with flood risk  if during a heavy storm, so I don't think insurance will be a concern.

The difference in this portion of the execution can be $30k-$60k/yr more money in your pocket vs. that of our competition all other factors equal (such as the property size/location).Next, to drive costs down, I co-host (only for clients) at 15% which is 5-15% less than the large PM firms.