@Ivan Barratt What area of town was the property you sold located? 

Georgetown, SC is a small town so you may have to look at Property Management companies in Pawleys Island to see if they would go to Georgetown too.  

When it comes to Realtors, they will help you identify which areas of town are good to invest in and what to expect in rents, quality of tenants, how to analyze deals, provide you with investing opportunities (both on market and off market).Besides figuring out what your goals are, how you want to get started, and meeting like-minded people, the first action item would be to talk to a lender.

I also heard there was a homicide on Wednesday I think it was as I saw multiple cruisers driving around..Once you cross Parsons it's like a different world..It's sad how these out of town investors driving prices for junk..

If there aren’t any comps and the only thing comparable (or better as you mentioned) is 5+ miles away or in another area of town you could run into appraisal issues.

Prob closer to $50-60k annual grossAlso I didn't even factor in the $944 annual permit cost for STR in PS, and the 12% town TOT taxes you pay on every rental.

If you are investing from out of town, you'll want a good property manager, and it would be hard for you to do a fix and flip or even a medium rehab unless you have boots on the ground.

@Andy Horn welcome to the forums Andy, where in town is your townhome at?

I don’t know how you would know local stories about a particular property if you don’t live in that town).Ok go🏁🏁🏁

I lived in the Redondo/Hermosa area for years, so I am intimately familiar with that particular part of town.