Resort / Golf Cart Community for STR

[Jacqui Casey]

Hi! I'm looking to purchase my first STR for under $600K and I'd love to find something somewhere where I actually enjoy going for any repairs and maintenance. I live in California but am looking more towards the East Coast for my investment.

I've seen a couple of communities like Ocean Lakes in Myrtle Beach where you can buy a SFH in the community, there's a pool, lazy river, bar and restaurant, etc., and you drive your golf cart around to each place. I have a friend with a place like this in La Quinta, CA but those houses are way out of my range.

So I was wondering if anyone has seen anything out there like this that has affordable houses and hopefully affordable HOAs too. I'd love to hear about them, thank you!

[John Underwood]

Ocean Lakes is set up like a MH park. You don't own the land, you rent it. Who knows how much the land rent could go up.

It is very popular though.