We are building a small boat and RV storage facility.

Lastly, if you are asking because you don’t necessarily have 100k to buy a house and fix it up with cash,  I was just in the same boat as you.

It has storage for boats,trailers, and rvs.

The recommended entry budget is the starting point for your investment amount where you will begin to find a profitable short-term rental.Panhandle–Beach destination; somewhat seasonal; recommended entry budget: $500K South West–Beach destination/snowbirds; somewhat seasonal; $400KCentral East–Beach and events destination; seasonal; $280KCentral West–Beach destination; mostly seasonal; $400KSouth East–Beach and resort destination; year-round rentals; $500KCentral–Theme park destination(events/resort/family); year round market; $300KFlorida Keys–Beach, boating, fishing, family destination; mostly seasonal; $500K

They are bought and sold just like a car or boat.

The one at a boat ramp near me when I lived in Hawaii always had a line of fishermen and divers filling up coolers.

Originally posted by @Scott Mac:Run down (Slum) 4 plexes go for $600,000 WOW.Do you know how many SFH's you could get in Detroit for that--Just WOW.Kelowna is lower BC mainland on Lake Okanagan also basically the warmest area of all of Canada along with a huge retirement mecca,  tons of great golf wineries  fruit orchards  Big white ski mtn 35 mtns  the lake it self is about 50 miles long and great for boating and recreation deep blue water. then the mtns are loaded with fishing lakes its really quite the place and this is big for semi Rural BC LOTS of medical..

Now, you are in the same boat as if you increased it all at one time with the exception that you lose money.I definitely don't believe in trying to keep tenants by keeping the rents low.

Don't use it to buy a boat or car or a vacation and you'll be a-okay.

There are plenty of W2 jobs that can do the trick.As to the bigger question, some say burn the boats(go all in), but the wealthy, the true wealthy always have multiple streams of income.