Purchase price: $118,000 Cash invested: $118,000 Tried to buy a place during the pandemic in NY but was getting outbid like crazy over 100k, so I was lucky enough to buy a condo in tulum mexico and do a short term rental. 1 bed, 1 bath, with community pol, 15 minutes away from the beach and 15 minutes away from the city.

Pete Beach area.

My mission beach units were over 95% for the year.  

I'm thinking he'll just want a beach in a Caribbean backwater and some Red Stripe. 

It is very seasonal but does very well in Summer and there are a lot of STR friendly towns.I have considered it however my current goal focuses more on a multi season rental and I am also more familiar with the non beach towns.

I don't know much about it besides there's a plethora of churches, bars and beaches!

I am looking to purchase a fix and flip in Daytona Beach, Fl.

I am a new investor who has been looking into the Jax Beach area for STR / vacation homes as an out of state investor. 

But being a beach property, it is good to have something there for the days it might rain

A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly, I am looking at my properties, and half of my properties cash flow anywhere from 800-1k, but the remaining dont cash flow at all..Honestly, I cant say that even those that do cash flow 800-1k per month do not really make a big impact because a tenant moves out, I have to clean/fix, etc.