Expenses are extremely cheap for it as well compared to my other units. 

Let's dissect it.First and foremost, power comes from knowledge.

they are the #1 tourist destination in the Caribbean, nice beaches and condos are extremely cheap...I personally would not buy a house in a hidden gem that no one knows about....that just sounds like low occupancy and low prices to attract people.

HSA Bonus depreciation The Book on Tax Strategies for theSavvy Real Estate Investor: Powerful techniques anyone can use todeduct more, invest smarter, and pay far less to the IRS.

Power to the property is off as best I can tell. 

Demographic trends are very powerful and not easily suceptible to short lived trends or changes of public opinion. 

NC is a trustee state, so a mortgage default will trigger the "power of sale" process as spelled out in the recorded Deed of Trust.

Hard money financing can be a powerful tool, and your lessons are spot-on.

NO kidding way over thought and over kill.. a landlord with proper insurance and takes care of their property ( not a slum lord) has extremely low liability issues.. disputes with tenants is generally over deposits and when you go to evict them..

Vegas is an extremely dry climate and I would be very surprised if you got mold.2.