@Sean Conroy, this really depends on two things: first, the land zoned in a way that you can subdivide and build more units (question for building/zoning department) and second, financial returns on doing this versus using the capital to buy.New construction certainly has its advantages on the operating side, and can often get a premium to remodeled, older units.  

I know this is more of an investing forum, but I figured I'd reach out and see if members with an investing background would provide advice.We're preparing to purchase a vacation property in North Myrtle Beach.

Hello @Tiffany Makiya,Many investors compare properties using the ratio of annual rent to property price.

If they are professional, they can explain this quickly and easily.

The only paperwork I have with this is the paperwork from our closing showing this.Renovation Costs: Since my grandmother paid for both the purchase and the renovations, how would this factor into a partition action or any buyout?

I started by going through the posts here using the search function and then trying to connect with the realtors and investors and whole salers and lenders specific to the city I am interested in!!

Just keep it simple with this...

They also don't get paid until they get you insurance so it's free for you to use until the job gets done.

PPC and mailers, I would start to self source your own deals! 

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