Purchase price: $242,500 Cash invested: $49,000 This is an older house, built well on concrete block, that is next door to multi-million dollar houses on the water.

Good to see public and private on projects like this.

can you send it to me as well?

Hi Shelia,Yes, the coast markets are pretty fragmented when it comes to regulation.Best options for STR (in order):Lincoln CityManzanitaFlorenceRockawaySeasideIf you need local expertise, @Taj Richardson lives and breathes coastal vacation and investment real estate.

I am looking to learn and network.

If it is your first, you don't need software just yet-- already there will be such a learning curve from how to manage your place and talking to customers.

I would ask the installer to come back and fix it.

It had been a bit and the fire marshal went in to that property (prior to it closing) and made a list. 

I dont have experience buying but have looked into it, from what I can tell, if you buy it at a tax auction, The owner has a certain amount of time to reclaim the property.

I think I’m more focused on long term gain, some short term cash flow is nice but I’m not planning to try and live on it or anything.