@Andrew Mittelstadt Yeah I would agree with the nickle and diming the thing is my car is a Suzuki and they don't make them anymore so the replacement parts will have to be built and then shipped from Japan which could take 4-20 weeks.

would likely pay for themselves but at this point that ship may have sailed unless you find a new base to market to. 6 months on he market is always going to lead a buyer to come in low.

I’m our acquisition manager and I can say the longest part was building the list through looking at dock sheets, parcels, D4D, etc.

Additionally, the seller's agent is refusing to allow me to speak with property manager to get a rent roll, copies of leases, etc, until he receives an offer, as he is worried someone will spook the property manager and they will jump ship.

Yep...I sure am glad I got on the rocket ship as the first bubble was blowing up here.  

The cheapies are interesting to us who salivate at these numbers but when push comes to shove I think you have to run a very tight ship to make it work.

This guy is going down with the ship.  

That is where the airport is near, the cruise ships, and the hotels.

Double bagging, taping bags, and shipping to processing is a lot of money.

The home is small 1000 S.F. 2 story house, 15 min walk to town, but on the water with dock, and can attract transient boaters looking for overnight, as well as beach goers and city folk looking for a weekend getaway.