re: What are the ins/outs of buying a beach condo as an investment?

I did this during the housing crash when the numbers were even more depressed than they are now. I had the funds set aside to pull the trigger and spoke with two very good friends who are brokers in Panama City, FL.

We tried to find one that would cash flow that wasn't a POS and were unable.

There are so many risks that come with buying a condo down there. What if a hurricane hits/oil spill and you lose your revenue for 6 months? What if HOA decides to double your monthly fee?

So many moving parts that you need to be cash flowing serious money in order to make up for the unexpected that WILL happen.