On the contrary, legacy markets like beaches will lag in design since all the prime real estate is already owned by old-school STR investors who see no reason to change a formula that has been working for themFinally, some of us who played our cards right (hopefully MANY of us) will become phenomenally wealthy.

This is because if it only had 1 death in a 3 block radius, that could easily be an isolated incident and not a real cause of the daily life and culture of the street. 

I am a newbie just getting started and currently reside in East Sandwich, MA (with family).Like many others on here, I want to invest in real estate to achieve financial freedom and to generate long term wealth. I

Seems like it’s becoming quite a little cultural hub.

I am not very familiar the the cultural issues regarding people on boathouses (haven't met any) but if I was on a boathouse and someone called me with a good investment opportunity, I'd be glad to hear about it.My concern with your call and your post is that you are still approaching it as if the guy is doing you some huge favor by letting you invest his money.

It's a lot safer now and is coming up strong thanks to it's close proximity to the 'Lincoln Park Cultural Arts Historic District' which is a block east of it.

Duplexes are culturally a Southern property type.  

The ones already wealthy could retire today but they would get bored.

As I am still young I want to start planning for long term wealth.  I

Where as if I’m all cash in a property, if something happens I’m F’dLeverage is ***the*** reason (not one of the reasons but THE reason IMO) people become WEALTHY in RE.