We are  like 25 mins from Ocean City MD and 15 mins from Bethany beach.

ARV $1.5M but DSCR is 1.2% after $625k cash down in a Tourist Destination with an unobstructed Ocean View.

Well, that didn't work either.Let's paint the paddle blue like the water so they don't see me swinging it their way.Consider the fundamentals of motivated sellers.Motivation can't be targeted.

We're able to put two 8-plexes on the property and in Victoria ocean view 2 bedroom, 2 bathroom condos sell for over $900,000

I figure if you grew up in the projects or just blue collar land you will do better than if you grew up in Beverly Hills or etc.

And that probably would mean you guys doing more research and education to help clarify which path to start on.Otherwise, you may be a dingy drifting on the RE ocean looking for your elusive perfect island to discover.

Because very obviously the big quack is coming and California is sinking into the Ocean, and Hell quiet literally might have just frozen over.

You cant find an existing home for sale for same price that doesn't need extensive work and that comes with same assurances, let alone a brand new home, furnished, with amenities such as pool, gym, taco bar, steps to ocean, shops, and the sound.

So i'd say what we were doing wasn't working because i'll never invest in a blue state again. 

There's a reason ppl buy blue chip stocks and a 4cap in a Class A area vs a 7+ in a Class C and penny stocks.