Small MF in Gulf Shores Area

[Craig Barragry]

Hi, I'm looking at out-of-state investing in smaller (2-16 units) multi-family. Gulf Shores MSA is one of the markets I'm targeting, but am not finding any deals. Are there a lack of deals, or just simply a small supply of multifamily? Anyone had success finding deals? I haven't had luck finding any investor-oriented agents outside of STR's. Thank you!

[Craig Barragry]

That's fair. The property I was underwriting was right by the water, and I'm open to more inland with the thought insurance may be less painful. Other than insurance, it's landlord-friendly, lower cost, and growing.