re: Gulf Shores/Orange Beach condos

Not addressing this to you, but many people forget the initial investment is just the down payment. I put 15% down on my condo. $60k of $400k purchase price. That was in 2021. I could sell for $650k, so my $60k has quadrupled in 3 years. I run a small profit only because I self manage, but I just put the money into upgrades; so I am not sure how that math would work out (and then you have to factor in the 50 hours per year of actual work I do in managing it)

I do hope that in 30 years, my place is worth $1.2 million, a 20 fold return (again, with work and a small yearly profit hopefully)