Thanks for your input. I appreciate it.
I had invested my mother’s money in condos in Myrtle beach 5 years ago. It worked better than I had planned the first 2 years then COVID hit. After 4 months I had to dump the properties ( minor loss on the sale) because w no income only expenses I would have lost money for her. A year later they doubled in value. Arg!!! The same properties are 60% higher than they were so now it’s no longer a good investment.
The management company was taking 40% BUT the income/ investment cost ratio was still really good.
I’m hoping to find something that gets me income AND grows in value.
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