It's less "sexy" than a beachfront condo-tel, but it's a much better option in my book.Or you can be inland a bit where there is far less demand (naturally), but draws for small-town events can make up for it (Dunedin has the Highland Games - bagpipes, caber tossing, and haggis).

My parents spent their Summers and weekends there in their teens-mid to late 1940's.It is a nice small town atmosphere. 

And, although it doesn't sound sexy, be sure to reserve a good chuck of money for unexpected events.

I compiled an actual diary of 6 years worth of my own personal real life real estate deals.Complete with all numbers and photos.Just so you know it's not all sexy and fancy all the time.Ordinary people still build wealth every day...the old fashioned way.Without some fancy strategy of "syndication" or super-risky use of leverage.No loans from dad and mom.Nothing.Just common sense traditional disciplined investing.I put all of that in a member blog post you can access here:https://www.biggerpockets.com/blogs/8290/64353-no-...Let me know your thoughts.Charles.

@Jeff Dimock Hi, basically both, I am investing from Israel in the long term, but I attend to be physically present for inspecting and closing the deal.my investing strategy for the moment is to buy and hold rental.I'm looking for 3/2+ single home - cute/sexy - great condition - ready to move in -good neighborhood - good schools - 15-30 minutes from everything (work, school, restaurant etc....)sorry if its sound like I want it ALL but I prefer getting less in my cash flow and having no riskthan having high cash flow and many things to worry about!

This is hard work and it's not sexy but it will help you get to real and pretty accurate numbers.

Given the lack of inventory in neighborhoods like Petworth,and Columbia Heights, south Baltimore (SOBE) has now become sexy.

So many teens nowadays don't really understand what credit is and thus get themselves into trouble. 

"the sexiness of this investment is wearing off."

Barrier to entry is much less than traditional real estate.Affordable housing (mobile homes) is not sexy to most investors, so less competitionAffordable housing (mobile homes) is more appealing to many than apartment living because they have a sense of ownership with a mobile homeMailbox money with great ROI for little upfront capitalNo headaches of being a landlord because I'm the bank the end user is responsible for maintenance, utilities, etc.