Michael,
I completely agree with Chris. I'll be happy to help you with Kiawah investment properties. My family has owned several properties on Kiawah since the early 90's and I was the Director of Golf Group Sales for Kiawah Island Golf Resort for nearly a half dozen years. I can definitely point you in the right direction. Please feel free to contact me if you have any questions.

Christian Hartsel
843-364-8400
CH@ChristianHartsel.com

Michael
Tough question. There are many factors that can go into the formula including, how good a deal you get on the buy side, size of the property, location which drives rental demand, management fees, associated rental costs and regime fees, taxes, insurance, etc. Both Wild Dunes and Kiawah are popular well know and well run resorts/communities. It's a great time to buy investment property since prices are so depressed, however rentals are also taking a hit. I'd suggest that if you are serious about pursuing investment property, you work with a local agent that can get you all of the details you need to complete your comparison which includes providing you revenue and expense projections for each of the comparison properties. As the former Director of Property Rental at Wild Dunes I have extensive knowledge in these areas and would be happy to assit you. Feel free to contact me at 843-327-8986. or email at chaviland@carolinaone.com.
Regards,

Chris