We're not looking so much to make a short-term profit from the renting of it, but more of a long-term objective (hoping the property values will eventually hit their values of 1-2 years ago in the next 5-8 years).So, we bought a small condo in Destin, FL.

If you teach this to a Seller, then you may be able to share in the profit at the ultimate cash sale in 3 - 5 years.

You'll get a small percentage, but it's worth the work and the profit.

- The main idea is profit from the current buyers market.

Here's my rules of engagement for my business ventures whether for profit or for public service and this one will be for both.

The rehab expert at the M5 I went to boasted that he would guarantee a 100-200k profit on a flip all you had to do was commit to a few weeks of your time at a boot camp and part with $12,000 for his fee.

A summer week = $1500 A winter week = $1700 Holidays are a bit higher A full summer season = roughly $18,000 A full winter season = roughly $24,000 Random other holidays = $4,000 Total yearly rentals = $46,000 Total yearly profit = $11,600 Now granted this is assuming full occupancy during high season, assuming some vacancy, you could round down to $8-10k a year profit.

I was able to buy back when I could for 5% down and am still breaking even if not making a profit.

there are tax implications when you sell your corporation for a profit.

It seems that properties here would be much more affordable and profitable for a buy and hold investor here.