This allows for a wide variety of ways to achieve the goal thru all aspects of real estate; investing in assets that have great capital gains potential but may not cash flow (options, land, redevelopment, gentrification, etc. ) utilizing “fee income” to build my estate (syndication, brokerage, partials, participations), and “creating” high yielding notes, and “creating” wealth through creative real estate buying, selling and exchanging. 

For example this place claims to be able to rent for $6,000, and with 25% down that would be a $4200 payment, so $1800 cash flow (not yet factoring any sort of maintenance and whatnot of course, so just the mortgage/rent diff):https://www.redfin.com/SC/Columbia/1921-Pickens-St-29201/hom...Or to a lesser extent this place at $400 cash flow:https://www.redfin.com/SC/Columbia/1035-Kinard-Ct-29201/home...

This is Los Angeles City-wide:

Looking at the data you provided for Melbourne, FL:- Average rent is around $2,000-$2,100- Rents have actually decreased slightly year-over-year- There's a wide range of rental prices ($650 to $6,500)This suggests a diverse market with potential opportunities, but also some volatility.

Unfortunately, it can be hard to prove the seller knew the full extent of the issue.

I’m still figuring out where opportunities are / will be and consume a wide variety of materials.

Basically AirDNA makes my thesis and I prove it against real time available data on those sites.I am not an expert in Destin but Tampa area is a similar beach market and small condo's struggle as you are competing with hotels to an extent. 

The market already has appreciated and rents have drastically increased nation wide. 

Working with a Broker who represents a wide variety of lenders will allow your Broker to find a lending partner that fits your situation.

I don't know too much about North Charleston and Summerville specifically but investing in real estate has been challenging country-wide since rates went up.