Providing heat, hot water, management, etc. does not qualify.

You are gambling with a solid cash flow from a year round rental or try to really heat up in the summer and maybe the trailing months in between. 

The major drawback I can think of is higher HOA fees due to salt water damaging exterior building and heating/cooling units, as well as higher flood/hurricane insurance, or higher reserves needed for potential future storm damage.Some HOAs have strict restrictions on rentals near ocean to protect long term owners. 

In NYC landlords ofter pay the heat and the electric that controls common-area lights, the boiler and the hot water heater.

The housing market is heating up.

Assuming there's a level playing field and you're not rent regulated, you build it into the rent like the mortgage, water and heat.

With this you should be able to figure the arv for the property. ok then in no particular orderMore info on the house# beds/BathSq FTCondition of PropertyRepairs needed (and what they think it will cost to repair)Type of heat/airCondition of roofThen to why motivatedWhy sellinghow fastis house listedvacant?

I casually keep an eye on them throughout the summer and then, around {our} Thanksgiving, will approach the owners to see if they are still motivated to sell ... just as we head into "heating & snow removal season".

At 18%, unless she has other very large living expenses, she is well within the affordable range and is more likely to pay the heat bill on time and generally take care of her family and YOUR property.Look at the car she is driving, does it go along with the story?

What happens if the heating system needs replacement, or the roof needs replacement, for example?