At the end of the day, after further consideration, I just let it go.

One of the best ways you can protect your investment is to properly manage your draws.

The is considerable risk to a private lender to loan directly to an owner.

Obviously, touristy areas like Destin would draw more potential renters BUT you are also competing against a thousand condos for rent in the dozens of high rises.

The nicer things draw the criminals as well.

Any other issues that we should be aware of or special considerations?

There would be more considerations as to the parties, consideration, the parties etc.Such values can be proven in the market.

It turned out to be an excellent adventure, being the only one there, the auctioneer and auction rep spent a considerable amount of time BS'ing with me about how the process works.During the auction the auctioneer kept bidding on behalf of the beneficiary so I asked what that was all about.

It's your job to take all of this into consideration and decide for yourself how to proceed.Good hunting!

The lack of written documentation describing property condition at contract acceptance, however, will preclude consideration for repairs or price adjustments in the event of subsequent damage.