@Nicholas WhelpleyTo assess a property's potential beyond the 1% rule, consider factors like cash flow, market trends, income streams, house hacking benefits, risk management, long-term vision, and professional advice.

Assessing the current market conditions and property values in your area can provide a clearer picture.Current Market Dynamics: Consider other factors like inventory levels, the competitiveness of the market, and personal circumstances.

We all have a Myrtle Beach address, and most of us work in Myrtle Beach, but because we're not technically within city limits this giant mass of residents isn't factored into any of the Myrtle Beach demographics like crime rates, etc.  

Yes, you might make more gross income....but when you factor in the added wear and tear, repairs/maintenace, and increased cleaning fees....are you really netting more money? 

It's the factor of losing part of the control over the team that is most concerning to me.

But the treatment after Maria make it clear its going to treated as a last-class part of the US. 

There is also termite presence potentially since treatment was done and other issues that I am thinking will be around 8-10k. 

Proper notice is a real sticking point and over the last 10 years case law has rapidly evolved  concerning overturning sales due to notice issues amongst other factors.

I talked to him about 6 weeks ago; he had relocated to Nashville to live with his son while he took treatments at Vanderbilt.

On the other hand, Florida continues to be a highly desired market for out-of-state and foreign buyers, keeping demand strong.Given these factors, what are you currently doing with your condo investments in South Florida?