Santa Marta has nice beaches but that has already been built up almost Rio Style.

I remodeled many old Craftsman houses in an exclusive little beach town in SoCal.....Every single one went from closed-off to open concept and ended up looking better.

It is a 1500 sqft 3 bed 3 bath condo about a 5-minute walk to the beach. 

@Chris Seveney, If you had paid $20k for a "mentorship" you could have made $100 million by now while working 4 hours per week (The 4 Hour Work Week) while lying around the beach in front of your $10 Million condo and your Rolls Royce with 3 bikini clad 19 year olds at your beck and call.  

I can, for roughly the same price go to beaches, major cities, other countries, etc.I also think that, generally, STRs are not like a one off way to build wealth.

I’m looking for guidance on what type of investment property I should be looking to buy, whether it be a multi-family, single family, or a house near the beach that can double as a beach house/student housing as there is a university nearby. 

I buy rental houses in Indialantic and Melbourne Beach, in addition to my Texas portfolio.  

 Any market which has a thriving vacation industry and also other diverse booming industry, has world class beaches  or great natural parks  and is near to many tourist locations should do well :)

Much more access to the beach and larger cities like St.

Swimming on our beach is easy.