She'd be a gold mine of info on investing near the water.Best of luck!

If you decide to go the out of state route it'll be vital to connect with local professionals in the area and build your core 4: https://www.biggerpockets.com/blog/core-four-real-estate-tea...  

We knew that the rents were way below market and by fixing it we would have a potential gold mine How did you find this deal and how did you negotiate it?

So, a good contractor is worth his/her weight in gold. 

Like Vitality said, doing a renovation can involve set backs where with multifamily the units are already built. 

Properties above $350k ARV have more sophisticated sellers and very rarely need any rehab.There are 3 counties out of 15 total counties in my area where there is nonstop gold.

What our team at Gold Star Mortgage does is help people like that navigate the whole homebuying journey, take the worry out of timing the market, and just help advise them on different financing strategies for their situation so they can relax and focus on the more important things in their lives.

Recognizing these intricacies is vital for making well-informed decisions and maximizing the potential of your rental investment.b.

Is it pure cash flow or building long term equity, flips to buy lots of gold chains, etc...

A good PM is worth their weight in gold, but with a good team it is easier than you think to Self manage.