I recommend attending local real estate meet ups to network with other investors.

If you are paying more than 7% on your loan you are losing money on a 7% cap rate transaction.I think you should look at this a little different.1.

Hello William,I think that if I look back at the houses I flipped, we would have made infinitely more money if we had held on to some of them and gone with the rental route.Today, DSCR roans are starting to come in under 6%, at my company our lowest DSCR Rates are 5.3%, and I expect them to continue to drop. 

Mortgage rates are finally seeing some relief!

However, given the recent rise in interest rates, if you're locked in at a 3% rate and the market is now at 7.5%, there's a possibility that the bank might call your loan if you've violated the loan covenants.

Truly, finding good people is difficult with an added layer of complexity when you cannot physically meet them   Or go see deals in person.

Yes, there's still risk of losing some cash but at that rate you could just hold the property longer if needed.

I am considering buying a property in the Myrtle beach area since it seems like it’s an affordable are with good cash flowing properties but it seems like the crime rate is above the national average.

The buyer would have to bring in that down payment . assuming the loan because of interest rate ? 

See what their nightly rate is, amenities and how their calendar looks.You should be able to get insurance.