Bill is right about homes in that price range.

There could be 30 named storms but if all bank right and head north in the Atlantic avoiding land then beach erosion and canceled reservations along the Atlantic Coast will be the worse of it.

I've been self managing for years and have got a solid process down for finding the right resident. let me know if you need any further help! 

At the end of the year we also take a distribution from the funds left in the account.

Starting to work on a 4 unit property, set up as two duplexes; two units to the left, 1st and second floor and the same to the right. 

Just make sure you know what you're doing so asking around like you're doing is the right thing to do.

Best of luck.Dimitrius Kiritsis hit it right on the head, if I had to add anything from my experiences, learn what a CAP  rate, NOI ROI is in your, of course you'll need to look at rents for similar size apt units, I say the main thing is knowing how much the property is bringing in and how much is going out.

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

While HI has a lot of potential for appreciation consider the changing landscape with interest rates and people's ability to buy a house right now.Ultimately, let the numbers decide.

We have about $10,000 as of right now to help fund this.