re: Beach Condo/Townhome Investment Property?

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I’d at least double your maintenance costs from a non Beach house. The salt air and sea spray doesn’t play nice with a home.

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If you're in a complex it will be covered in your HOA. You'll find most damage is from sand and oils

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Also, you’d have to furnish it nicely enough to be a desirable rental. Renters will constantly break or walk off with things from the home. They probably wear your home and furniture twice as fast as you would.

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I have had items stolen but my management company handles the heavy lifting in getting paid or the item back. It's a good idea to shop deals or refurbish second hand furniture.

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Another thing you didn’t mention is the turn/cleaning service that will be required. Depending on the square footage, that could be a several hundred dollar monthly expense.

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The guest pays for this and the management company tacks on a little extra. I do not pay at all for the cleaning the guests incur.