If someone is looking at Okaloosa Island (or any other area) with the goal of finding of investment options where they can make instantaneous cashflow or overnight appreciation .... well they are a dreamer or an idiot (sorry for the language, lol).

There's an option for $50k loan amount as long as the value is $75k or higher....fees and rate will be bit higher than higher loan amounts.

Some stuff works for holds, while some work for lease options, while some works for flips.

Or better yet listed on Zillow and put in the comments that you would consider a lease or selling with lease option for the property.  

 Is a fix and flip loan the best option for this scenario?

Yes, there are options for financing a boat that can be similar to a home equity line of credit (HELOC).

Do you have any insights on loan/financing options? 

Rent in this market is predicted to continue to increaseOther option would be to Flip and Sell, but I speculate the market could really increase if I rent for 2-3 years before selling (including option of seller finance)thanks for the help!!

I'm definitely going to weigh each option going forward.

also, I am exploring different funding options including HELOC, HEL, etc.Given current rates are quite high and sticky, how do you recommend to utilize these funding options?