I hate you Pete.
I have also spent countless hours watching those auctions in Florida and seriously considered the same thing. Now I am focusing in on places 8 1/2 hours away in & around Horry County. Of course, the deals are no where near as good in SC as they are in FL right now. Just this past week, I found a beautiful house that I have to just get off my mind. (well that was until I saw your post
) The couple is divorcing and selling their 2nd home in Horry County which is a 2000 square foot home, .8 miles from beach that can be accessed with a golf cart, 3 bedroooms, 2 bathrooms, 1 acre and includes all furnishings for just a tad under $100K. What gets me the most is the place is decorated exactly the way I would want it to be and I have had 2 dreams this week about that house. The real estate is crazy cheap in CoCo Beach right now but the area is so depressing and not my favorite part of Florida, and I think CoCo Beach is dirty. I like the Sarasota/Venice area the most. The auctions that have been rolling out on those shows are on that side of Florida which makes it very tempting. What concerns me is when times get tough, people don't spend for vacations and I want to know that I can financially pull it off without depending on renting it out to survive the venture. My mind get caught up in "what ifs" ... like what if the A/C goes out, what if the roof gets a leak, what if an appliance breaks, and I know I am gutless and making excuses.
After I finish my
I am off to do yard work so I can try once again to get my mind off that house I am in love with.