@Mann Phan When you went to buy you should have done an analysis of a few things; market for property value basis and market in general - rental market and viability of that - CAP-X, to assess exactly where everything in the structure is at, how much life left, and formulate what impactors are potential to come and how soon. 

@Myrtle Mike Thompson hit in on the head.we did around 145k in our two beach houses this year but we bought two 4/4's for $570k that are worth around 1.2mm right now and used mostly cash, leverage of around 200k from a portfolio- total on them.deals are out there but in my opinion you need a good realtor for boots on the ground and insert yourself into the market your looking to buy.

We invested $20,350 in strategic renovations to enhance the property's appeal and market value.

What are the market rents for both units?

I don't have as many tips for solutions mid rehab, but I do know that most, if not all, of the very active investors that I know have established relationships with 2 or 3 lenders that specialize in programs that match their strategy and have an agent or two in the investors target market to help them find more deals without having to put much work into finding them.

Thank again I heard the market is still steady so maybe someone can advise better on it. 

I wanted to secure a property in Savannah, because of how much the market is growing.

I'm a real estate agent that specializes in working with investors in a second-home market in the Northeast US.

But of course, this all depends on your market and what your guests are looking for in 2- or 3-bedroom properties.

It seems like you can find Lakefront properties for under 500K and wanted to talk to any investors who own property there to get a sense of the market and what kind of numbers they are seeing.