On the otherhand, they have a large operation with a lot of the pie to be dished out to the many people employed in their operations.

Dish detergent and water wipe down of joists.

All dishes, silverware, pots/pans, etc, came from Goodwill for pennies.

And kitchen appliances like toasters and coffeemakers, and plates, bowls, silverware, linens and towels, plus consumables like toilet paper, paper towels, dish soap, etc? 

It's basically like a hotel where people own the rooms.Along with the other fees mentioned, there are a bunch of other small fees that come with a VR:Broken dishes/appliances/toilets/whateverAnnual fees for certain items maintained by the that are NOT part of the HOA dues (cable boxes, fitness center, etc.)Replacing furniture as it wears outSo, I guess my final take is that a VR in a popular beach area is only a good investment if you're willing to hold onto it for a long time.

We looked at Google Maps -- awesome images on either street view or satellite.

Facebook opened a little 5000 square foot satellite office near GA Tech to recruit and train.  

I moved in Sep 1st but did not sign the lease yet now that i have read the lease and i don't agree with some of the terms that were unclear to me when I paid the security deposit one month ago.my landlord has old outdated appliances that I did not get a good look at before I moved in, the refrigerator is banged up on the inside and dirty, the built-in microwave has a large cracked around the door frame a and missing shelve inside, the stove is old and cheap looking, the dish washer is old and missing the bottom panel by the floor, the wash machine works but it is old, the dryer is old and doesn't blow hot air.All appliances look as if they would breakdown at any moment and she wants me to agree to make all repairs and replace if broken. when i moved in many electrical outlets were not working but she got them fixed the next day, i told her about the dryer and she's calling someone to take a look at it but told me i would normally be responsible for the repairs but wouldn't charge me this time since i just moved in.she tells me I'm also responsible for annual maintenance of the fireplace even if i don't use it and the furnace, and want to see a receipt for the maintenance each year.Is this common?

No frills, but today no frills gets you AC, power windows/door locks, cruise, bluetooth, satellite radio. 30 years ago my "no frills" GMC truck didn't even come with a radio or carpeting.

A purely cash flow place in a lower end market that doesn't appreciate could be losing money even at positive cash flow.I would part ways with you on the 1M mark but only in that its the satellite towns of such cities that can have winners.