Hi James,Welcome to Bigger Pockets.You are in a great area, I have spent a lot of time a little further south in Myrtle Beach.I did several home flips, until I got into buy and hold investing in 2009.Flipping can be a great way to build up some capital.Have a super weekend

Or non  buy/rehab/hold investor, or the guy  that just   buys/holds without the rehab.  

We have been looking at turnkey providers as well as look at properties that we can purchase ourselves and hand over to a property management company.Me and my business partner want to hold onto our day jobs since they provide us an excellent source of capital for REI.

Most common ways of investing in real estate: Buy and hold (i.e. rent houses to other people), buy and flip (i.e. buy something that can have forced appreciation through rehab), build and sell (new construction), finance (lend money to other to do these things).

The other arguments like parties and effect on hotel jobs have not taken hold.

Here are what I can add to the  BP table:- I built a comprehensive apartment investing excel model - buy and hold and refinance- Extensive deal/ financial analysis skills and experience.- Extensive work experience in wealth management, tax, private deal structure.- Success track record, creative problem solving, and great eyes for beauty in making ugly place beautiful while not spending a ton of money upgrading.- Since 2002, experience in SFH purchase, buy and hold, remodeling, property management.What gets me going:- Folks with track record in apartment investing to check out my financial model on this deal- Local Chicago Team with proven track record in apartment: contractor /inspector (subcontractor - plumbing, electrical, roof, exterior, interior upgrading), property managementThank You!

Generally PML or HML loans are not advisable for buy and hold.

My goal with REI is to ensure a comfortable lifestyle through a smart and diverse holdings and attain true financial independence; I also want to help other like-minded individuals and do the same! 

The association holds the quitclaim deed so I believe my monthly rent is going to the owed maintenance fees.

Everyone seems to be holding on to these properties like gold but there has to be some opportunity out there.