Being raised near Winmark in Port St Joe this has been “up and coming” since I was in high school and we are talking 18 years ago.I was just there visiting my parents and I do see some more houses going in there and maybe the popularity from the hurricane has brought many investors but I still know what it is like there come August-Feb (ghost town) and that is why I personally haven’t owned anything (yet) back home for short term.Now I could be wrong and the money is good enough to offset all the slow months.Just giving my perspective as I would be more inclined to buy something in Panama or Destin where there might be more foot traffic if I had to pick between them.

Prices were sky high.

I highly recommend Massanutten to any one that's considering a vacation rental home.

The important thing to understand with the market right now is that there aren't very many people buying - because the rates are so high. 

-obviously this is super high level and I don't have all the details figured out....but I'd love your input. 

Very informative and I highly recommend! 

With townhomes and condos not appreciating as much and rates still high - I want to make sure we're making a good long-term decision by buying instead of renting. 

I moved out of California about 4 year ago and sold everything I had there because although the rental would have kept high returns, I didn't trust the laws and lack of landlord rights in liberal states.

ARV=$260K, (Zillow estimates this one a bit too high)Purchase= $11KRepairs= $50K -$60K  (we spend far more on the rehab for reasons that are beyond the scope of this message).Hard to believe for most, but true...I won't even get into how much we could have wholesaled this one for!

However, I would estimate your internet for $100 or less through Comcast (high speed internet only with smart tv apps), $100 for water, and $400 for electric/gas.