It sounds like you trust your PM and he is doing what he is getting paid for.

It could also help you to decide what type of real estate you would like to focus on - i.e., residential vs. commercial. 

I would like to know if I could create cashflow from a studio apartment across from the beach.

I find it a great way to earn additional compensation as long as its a deal I like with conservative leverage and strong operators I trust. 

These are great for experienced flippers who can handle the tight timelines and costs.Private investing usually involves individuals funding your deal, like friends, family, or networking connections.

It's not like the MLS discriminates on listings because of who is listing it.

My only thing is that I would like to create some more immediate cash flow.  

I just don't see it going down significantly more than the current state... but again who knows.. it's Dubai like you said

With my in-laws living in Augusta,  I visit the area a few times a year, and it definitely seems like there’s some potential in the market.  

I also like the refund of course.