The biggest challenge is a lack of quality homes and a rapidly increasing demand for vacation, second and primary homes.

You can actually increase your underground water table, but that is a whole post on how dry areas can make their own water. 

Which increases paperwork & costs for little benefit - if any.4) You'll need an entity in the US.You need to discuss all this with a qualified tax professional or attorney.- For our clients, we provide consultations with a tax attorney that handles over 300 foreigners legal & tax needs.

Historically, the average days on market (DOM) for rental properties only increases by about 6 days during November and December.

Depreciation recapture applies at ordinary income rates capped at 25%, increasing your tax liability.

This has been true about every technological change in the industry - those who fail or refuse to adapt lose while those who embrace new tech win.

However, by placing money in a property that I would like to have in order to increase my quality of life, that can also produce some cash flow instead of being a liability that requires money every month, I can increase my quality of life without increasing my monthly liabilities.  

@Bryan HartlenManaging low-end properties can be demanding due to higher tenant turnover, increased maintenance needs, and frequent rent collection issues.

After closing, work on increasing your income, reducing debt, and preparing for a second mortgage.

Palm Coast, while not as flashy as Miami, is indeed growing rapidly, with increasing interest from higher-income professionals and retirees.