Happy to chat offline.In my experience those that are that value in ocean lakes are close to that in total rev.to really have an impact and get good roi you really need to be In the 500k range in my experience.300k will get you a ground level smaller unit and while  they are ok the bigger rev is in the stilt houses as mentioned  

I have a list of 1/2 dozen properties in “cool areas” that will cashflow out of the box, and have a vacant unit, that I just prepared for a client looking for something similar.Let me know if you need contractor recs - my contractor is an investor as well, and will help maximize your budget/impact.

They can provide you with detailed information on their rental income calculation methods and help you understand how rental income may impact your ability to qualify for a mortgage.Additionally, working with a knowledgeable real estate agent and mortgage broker who have experience with rental properties and relocation situations can help you navigate the process more effectively and ensure you find the best solution for your needs.

Market volatility, problematic tenants, and unexpected maintenance issues can impact profitability.

What’s up BP Family I have a question there’s a 3/1 in my neighborhood for sale 399k house built in 1979 1360sqft been listed for 11 days says kitchen stainless appliances and updated fixtures impact windows install throughout near beaches airport and conveniences plenty room for a pool to be added in back is this an investment or should I walk away 

In my area the amount of inventory has had a high impact on off season bookings, with a tremendous amount of price pressure chasing bookings.

There is alot to impact here.

Here is my expected cost:Land: $475kAcquisition Costs (Environmental, Survey, Geotech, Traffic Study): $25kSoft Costs (Engineering, architect, impact fees, permit, legal, closing costs, taxes, interim interest): $300kSite Development Costs: (Earthwork, underground utilities, curb cuts, fencing, stormwater, paving, landscaping): $800k ($400k/acre)Subtotal before vertical costs: $1,600,000 ($80/SF). 

Quote from @Carlos Ptriawan: I have very strong opinions about politics and how they impact private property rights, the family, education, small businesses, and a thousand other topics.

You can make money at all of them but you want to go into your real estate investing Business fully understanding the impact of each strategy.