I am in the same boat as you my friend except I am about 5 classes away from being licensed well of course passing the state and natl exam.

It's turnkey and it would give me a place to put my boat as an added rental incentive. 

Seems like you could buy a boat load and hire security.

@J Martin  - I'd love to invest locally where I live here in Fremont, but the numbers just don't make sense - at least not from a cash-flow perspective for somebody like me who isn't sitting on a boat-load of cash.

I'm in a similar boat.  

I've been in the same boat with my current situation (looking to put 5% down on a conventional loan).

The golf course area is popular for vacation rentals, and anything somewhat close to the island and boat ramps.

Perhaps I missed the boat already, and everyone is already well aware of these points, but I thought (in an effort to get involved on BP more) I would throw this out there for discussion points and to post it in general for those who may not be aware. 

@Rusty Thompson  I'm in the same boat as you brother. 

I've done some advertising on craigslist and such but I didnt know I could actually use birddoggers because I thought we were like in the same boat, but now that I know the difference between the two (thanks to biggerpockets), I will definitely be seeking them out.But like Rich said, I'm able spend some time on sites like these to gain information, get my contracts in order, and know & understand the process all the way through.