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Bluecat6,

I recently stayed in a beachfront house in Surfside beach. The house I stayed in was for sale. Nice place. I called the listing agent to see what it was listed at.

Unfortunately, I do not recall the specifics and therefore will not (perhaps erroneously) state them here. However, I did a "back of the envelope calculation" and deemed that there was no way I could see a neutral cash flow on that property.

I didn't persue further. Good luck. Thats a great area down there for vacationing. I wonder if you can find good investment properties, though. Please post your experiences.

Rob

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