I have the chance to buy a condo (oceanfront) for investment rental income at a popular beach in NC, that is about to become boomtown. The cost for the condo is fairly cheap (under $100,000) and in very good condition. Furnished. The rental history brings in $12-15K/year. I have thought about the pros/cons but need to hear from someone who owns and has had the experience of renting it. Thanks.