I just bought in Orange Beach, closing Tuesday.
I think thier is value in that are now. We will be renting on VRBO not through a agency. Fannie Mae financed ours as we had to jump through a few of thier hoops (still are in fact).
You can cash flow a unit if you put at least 20% down and handle it yourself.
We will be able to use it 5-8 times a year and that is plenty for me.
It was a big nut to pull in the nest for me, but luckily, I pulled the money out the market for the down payment literally days before all the humbug.
It's long play, but it can be done.
Not sure you can pay for it in less that 15 unless you choose to use it only once or twice a year.
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