I've considered going Dave Ramsey and buying a house with cash and upping my budget to $100k in a smaller market, but that would blow almost all my savings, and $100k just doesn't get you much anymore.

@Keyshawn Johnson I'll connect via messages, but for the broader community:• What should I know about buying property in Destin? 

I did not come back to revisit this post from so long ago.I did not buy this property. 

Investment Info:Single-family residence buy & hold investment.

Would you buy it?

If so, they can sell within 2 years and not pay capital gains taxes on the sell of the home.They could take that money and buy multiple rental homes in other areas if they wanted, or use the money to downsize in to a different home while still having money left over.

This is especially true if you're trying to buy in the best location possible.

Will you continue to buy in that neighborhood with your next purchase @Teslim Salami?

Imagine you buy an average $400k property and hold it for 30 years.

. $220,000 is definitely a lower purchase price amount and really limits you on what you can buy.