What Blackstone’s Sale of First Eagle Investment Management Means for Real Estate InvestorsBig news in the investment world: Blackstone, the global private equity giant, is reportedly selling First Eagle Investment Management—a move that has major implications for financial markets.

Generally all months other than Sep-Nov are profitable. 

Personally I wouldn't feel comfortable trying to wholesale a relatives $1M home knowing that I am breaking the law if I cross over into doing anything that can be considered representing them in the transaction, and knowing it will only be marketed to people who buy properties wholesale (typically investors who don't want to pay retail prices), instead of the majority of retail buyers active in the market who are typcially willing to pay more. 

You are a renter and subletting that people rebranded to make oodles of dollars on.I would also be curious to see how profitable this is, especially as the economy continues to show more signs of major cracks

The profit that you will make from real estate will be life changing, not the 10k or 50k a year for a couple of years.

We profit about $1200 a month from both units.

I am not worried about any major employer as tourism is the major employer and people will always be wanting to be close to the ocean. 

The problem is that your debt payments are going to basically wipe out that $400K profit unless there is room to increase revenue or reduce expenses.

. $8900 is not profitable!

The reason I ask is at that rent point there is no profit on a sustained hold.