A rental property can look profitable because one number is attractive. Investors get hurt when the missing numbers are the expensive ones. Before you decide a Grand Strand property “cash flows,” run a complete first-pass analysis. 1. Realistic gross rent Use comparable leases, actual historical performance when available, and conservative assumptions. For vacation rentals, model…

Short-term and long-term rentals can both work on the Grand Strand, but they are different businesses. Choosing between them should happen before you choose the property. Short-term rental strengths Potentially higher gross revenue in strong locations Owner-use flexibility when rules and financing allow Ability to change pricing frequently Exposure to tourism demand Short-term rental weaknesses…

Use this checklist before committing capital to a Grand Strand investment property. The goal is not to eliminate risk. The goal is to identify the risks you are actually being paid to take. Legal use and rental rules Confirm zoning and jurisdiction. Verify short-term or long-term rental eligibility. Read HOA or condominium documents. Check lease…