@Sherrie P.Vacation rentals can be quite lucrative whether they are on the water or not.One caution about waterfront they are re-drawing the flood plains zones around here and are quite liberal.

We would generally aim for $80k+ on this purchase price, and have a solid rehab estimate.Be liberal with cost estimates, and conservative with comps and profit expectations.Andrew

They are more so seen as a member of the "Bank Team" which is code for conservative value opposed to the investor team (when selling) which tends to want to be more liberal valued.

This second risk will be significantly greater in liberal states.Basically subject 2 is a deal based on trust and any one of three parties Seller, Buyer and Bank can screw it up for the others

Bigger Pockets is a great site, so use liberally!

I thought I had hit the jackpot selling it for over 30% more than I paid for it.  

Home Depot, for example, has a very liberal return policy. 

In the N/E liberal states you could be months getting someone like that out & if they are rotten enough to pull that, they are rotten enough to cause pretty big damage, just because...

Louis, much more liberal thinking and consumer oriented.

i'm also pretty liberal with pets, farm animals, storage of RVs and related on-site, general use of property is liberal etc. so long as i get the extra deposit.