I am looking to see if anyone has a beachfront vacation rental home in Galveston or along that coastline (BlueWater Highway Hwy).Wanted to see how has it been for you and what the AIRBNB/vacation rental market is like?

Being appraisers, we are familiar with estimating "cost to cure" of deficiencies, and we know useful life of short lived items so we can build seller credits into our offers that will help mitigate monthly costs to us for reserves.We are going to take it slow and steady, as I said, with an eye on returns that may not be spectacular but still rival the stock market in a sector of the economy we know well.Thanks for the encouragement @Dave Meyer!!

The past "spectacular returns" make you an overall net winner with them?

But I have seen at least 4 spectacular failures in the last 5 years as well.

This is crucial for families looking for roomier, yet economically accessible homes.28305 has a spectacular 51.9% price increase for 5+ bedroom homes, reflecting an affluent buyer's market and potential for high-value flips.28301 the diversity in housing needs might indicate a potential for flipping larger aged homes into multi-family units.

But nothing spectacular and IMO if you do multiple deals esp. during the last 5 years, you would've had a few deals. 

I know or know of people in your same position (executive level tech experience + capital) who have done well in this business, and also ones that have imploded in a spectacular ball of flames. 

Dive into the crystal-clear waters just steps away, or explore the coastline with our complimentary kayaks.Anglers rejoice!

Reminds me of a stunning mountain top cabin that we manage with spectacular views.

. :)Good luck with it all and check out all the veterans on here.I found them all via the post "Why I will no longer answer questions from the unknowedgeable" by Don and it's just spectacular with the advice and like every really knowledgeable investor on here responds.https://www.biggerpockets.com/forums/48/topics/1183389-why-i...