Myrtle Beach Investor Reality Check
Do not let broad Myrtle Beach averages set your ARV.
Myrtle Beach investors deal with a market that has tourism and retirement demand running alongside workforce housing, which creates very different buyer and tenant profiles. Flood and insurance costs also need to be in the model before any comp spread means anything.
What investors assume
If the rent math works, the resale assumptions will probably sort themselves out.
What actually matters
Insurance, flood, and carry friction can separate two similar-looking deals very quickly.
Where Myrtle Beach deals break
Deals in Myrtle Beach usually break when the comp sheet looks workable but insurance, flood, or hold-cost friction was never fully priced.