For example we replaced a water heater recently.

Purchase price: $465,000 Cash invested: $80,000 Checkout my Airbnb here: airbnb.com/h/madeirabeachoasisSalt Water Pool & Hot Tub: $60,000Tiki bar with electrical hookup: $3,500Mural: $1600Interior Furnishings: $6,500Exterior Furnishings: $1,500Monthly gross booking revenue: $8,000-$12,000

Purchase price: $465,000 Cash invested: $80,000 Checkout my Airbnb here: airbnb.com/h/madeirabeachoasisSalt Water Pool & Hot Tub: $60,000Tiki bar with electrical hookup: $3,500Mural: $1600Interior Furnishings: $6,500Exterior Furnishings: $1,500Monthly gross booking revenue: $8,000-$12,000

If one has high living expenses, cash flow doesn't mean much and I definitely understand going for appreciation first.

Note purchasing is a very sophisticated strategy best suited for well funded and highly experienced investors.

We went over the inspection report with the agent and he only highlighted the floor and water heater needing replacement.. and that everything else is cosmetic.

Much of the country is at high risk between fires, hurricanes, tornados, tidal waves, earth quakes, rising tides, etc.  

We are wanting to be as close to the water as possible. 

On top of that, the water pipes are on the ground, which is not allowed; they should be run inside the walls.

However, if the market turns, it could add pressure and cause you to lose your primary residence.5.