After that when you're deciding a market I think some of the golden rules are basically just 1) Landlord friendly vs tenant friendly 2) price point/cash flow 3) taxes After that it's honestly almost anyone's guess.

Greetings fellow members, I am looking for someone who knows the Myrtle Beach area well, specifically vacation rentals.All of my RE investments are in Michigan, however, I jumped on an opportunity to acquire a 1 BR/1 BA condo unit in a building that is of mixed use (year round tenants, vacation rentals).The intention was to flip it for profit, but I read some encouraging things about the MB market and I see that particular area (I believe it is called the Golden Mile - 7509 N Ocean Blvd) and now I am thinking of another possibility- will this unit generate enough revenue to cover about $6,000-$6,500 annually?

If a person has no $, thinks this is there "golden ticket" sorry bud, not gonna happen with me.

Unfortunately he won't lend in the Golden state. 

[Look up: "The Three Golden Rules in Real Estate Investment"]...

They need to be fully aware of your capital stack and what filing order their liens will be in, but if they are truly lenders as opposed to equity investors and you are being above board and fully disclosing everything to everyone, you should be golden.

If they do pay out, great, your golden. 

It's an unfortunate reality of the Golden State.If it makes you feel any better, I live in AZ and invest in OH so I don't have to worry about that :-)

Good team = golden.

Lafayette Square, our most prosperous historic district has the most restrictive rules when it comes to housing due to historic preservation, has a high number of STRs.Here is my golden rule for STL city rentals.