My wife and I are looking at a property on an island this weekend.

I have a STR right on Okaloosa Island near the water and insurance has not been a factor for me at all.

@Laura Bradford - You can cash flow everywhere from Okaloosa Island to Panama City Beach, but more people looking for cash flow land in the Destin/Miramar Beach areas. 

I reside in Long Island, NY. and am currently looking at Ohio, North Carolina, and a few other states to finally decide which state I'd like to invest property in.

, I live in long island newyork. there are many abandoned properties here.

If a day trader is trading inside of his retirement account and later takes a 72(t) distribution and retires on an island from profits he has made how is that different than trading discounted notes?

Lots of institutional and international money around these parts.In the higher-end suburbs near NYC (Long Island, Westchester, northern NJ, etc.), I'd be surprised if the 70% rule holds on traditional SFH flips.

I have rented all over Queens including Astoria and Bayside and out on Long Island in both Nassau and Suffolk counties - lived here my whole life.It dawned on me one day that I if I lose my job I would want a safety net to keep myself afloat.

@Bob Bowling its the one that was built by the Island nation of Nauru you know the one that sold bird Guano and made millions then took those millions and built this tower..

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