Hey @Brett Baker, generally, any place with a great water view or directly on the water will bring more revenue.Of course profitability will all be based on purchase price and prevailing nightly rates in the area.If you find a cool 2/2 or 3/2 right on the water with a great view for 1.5m or a 2/2 or 3/2 house a block away for 600k, then I would look at the house over the condo.

You've shared so many gems and described a realistic depiction of purchasing an investment property. 

Purchasing real estate is capital intensive.

Most propane suppliers will offer a discount if you purchase your own tanks outright, I save around $1.00 per gallon.

We offer 10% down on the purchase price and fund 100% of the rehab.

Hi Ella, welcome aboard,Your post about your real estate ambitions, encompassing the purchase, renovation, and sale of properties, as well as the ownership of Airbnb rentals, is indeed an exciting endeavor.

Purchase the home with the condition that the tenants have vacated.

Though DSCR gives you a better picture of how the property is projected to perform vs debt service, you can't rely solely on one measure to make a purchase decision. 

You will need to narrow down the zip code or street a little more based on where you decide to purchase, but this gives you a good start.

With those in mind, would a portfolio purchase get you there quicker, maybe.