Been a while since I financed property and it's the first time I've done a pure investment property.

I would not put that much money into this investment on pure speculation that it will appreciate nicely over time.

As an agent and investor in the Destin area, I have plenty of customers that even accept negative CoC ROI, as they are purely appreciation investors. 

At that point it's a pure investment and essentially a commercial item.

Fortunately, we have very little debt and one of our rentals is fully paid off so that income is pure residual.  

The only way I'd buy a pure rental like that is if I could build myself a substantial equity cushion through forced appreciation, much like a flipper would only hold after rehab ... then you'd have a solid appreciation return early and could likely improve cash flow that way as well.

Investing for appreciation is the same as investing in the stock market...you're leaving market forces to drive your profitability...so at this point it really becomes purely an individual decision.Just someone's .02 on the matter. 

way to broad of a question who knows.. you never know till you try and work with the city and your consultants.. certainly can't make any decisions asking hte internet folks thats pure folly 

That’s pure ******** in my book. 

Is there a good resource (podcast/book) for being a pure investor and how such deals are typically structured?