Because it is not my own experience, I cannot say anything else on this.)My decision was ruled purely by two mathematical considerations:1 - Not being a bettor on market appreciation, I invest for cash flow.

With our litigious and predatory society there are few purely domestic asset protection planning strategies that offer California residents "true" or "full" Asset Protection.

With our litigious and predatory society there are few purely domestic asset protection planning strategies that offer California residents true asset protection.

I am currently looking for an MFR/SFH (purely for rental purposes), but being out-of-state, it's difficult to assess which areas are worth diving deeper into. 

What makes a self-directed IRA custodian different is that they are not purely connected to the public exchanges and limited to investing in stocks, bonds and funds, but rather have the staff training and paperwork to document the IRA's investment in the more individualized transactions that occur when investing in real estate, notes and other non-traditional assets.

What makes a self-directed IRA custodian different is that they are not purely connected to the public exchanges and limited to investing in stocks, bonds and funds, but rather have the staff training and paperwork to document the IRA's investment in the more individualized transactions that occur when investing in real estate, notes and other non-traditional assets.

I would agree with @Ricardo Hidalgo that Panama City Beach may be a better target market if your only reason for buying is pure investment and not a personal interest in the Navarre area. 

Is it purely subjective or are there some kind of guidelines?

So I, and this is PURE opinion!

That last week leading to close was pure hell - I mean Murphy's Law was full blown that week.