1) the city is not very attractive (disjointed development, only one grocery store, cheap retail offerings, etc) 2) they continue to allow driving on the beaches and the rednecks/kids drive crazy so you really have to watch out especially with small kids, 3) during the summer season they allow horse riding on the beach and you will see several "companies' with trailers of horses for rent.  

Dust yourself off, get back on the horse and start again. :)

Will you have the cart before the horse here.First off you need to decide WHAT it is you want to buy for an investment property.SFR, small multi 2 to 4 units, large multifamily, commercial, etc.From there you need to look at your personal financial statement.

I don't have an ax to grind or a horse in the race.

Quick, somebody give me a horse and a sunset to make this Western picture complete...yah!

"What a bunch of horse **** these guys are selling.

or look a gift horse in the mouth.question: if this person signs the documents and wires the money, how could it go wrong for me?

I always leave them in place, you can then paint them completely at once vs one part at a time when on horses etc.

I enjoy gambling on horses every once in a while, which isn't all that different than playing the lottery and I would absolutely say I am an entrepreneur.

But what about all the money I have put into the property; I don't want to just walk away from that. me: sir that horse has left the stable. its gone.... if you don't actually believe the property will appreciate to a point to payoff the loan, how will it appreciate to a point... to not only pay off the debt... but also return all your carrying cost?