I am not sure if this windfall of $300K will cause the property prices to go up or will the drop in windfall from $500K to $300K will contribute towards damping the property prices.There is also some uncertainty with the H1B program and I know some H1B holders who are refraining from buying their first home till the air clears.On the other hand, the local economy is doing well, lots of folks from out of state are moving here for new jobs and home prices are not showing any sign of slowing down.To sign off, here is a feature on CNBC news about a teardown in Palo Alto (@Jay Hinrichs old hunting ground) that was listed for $1.9M and sold for $2.55M. http://video.cnbc.com/gallery/?

The original idea is to sale half the units to businesses in the area and keep half to rent out on Air BnB.

If you need a referral for a good one, let me know.Great advice from @Suzanne Mark, certain areas, counties and municipalities have restrictions on vacation rentals and air bnb's, so you or your agent will want to do some research before purchasing.As a general rule, Osceola county is much more friendly for vacation rentals than Orlando, and you should do better down there anyways as you'd be closer to the parks.A company that does vacation rentals very well is vacasa:https://www.vacasa.com/usa/Central-Florida//They are extremely knowledgeable about all the local regulations, and have great advice on how to best furnish and equip your vacation rental for max profit.  

Hey Chuck, we auction and invest in your area, I use to live in Bel Air about 40 years ago.

I am in the Air Force and currently stationed in Guam.

I'm currently an Air Force veteran and prior FedEx operations manager. 

Ive been trying to work with him but he keeps saying he is going to make a payment (online cozy) but never does etc.

/Cable distribution, sewer, air travel, etc. - but between 2 homeowners, the basic rule applies.

With Lexington Park and Patuxent Naval Air Station so close by, you might want to focus on the base and see what off-base housing needs exist.

If your coming to Memphis soon,  please bring some of that Canadian air with you.