You really are funny!!
Join Date: Jan 2010
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We bought and sold a slip recently here in MD (in the last couple of years), and we found slip ownership wasn't worth it at all. Property taxes, condo slip "HOA" fees, and liveaboard fees (if you live aboard of course) made the whole thing a huge waste of time and money for our particular needs and wants. We bought ours outright without financing, so if you're thinking of financing, add those costs in as well.
Our HOA fees equaled half the cost of what a slip rental would be when figured out on a monthly basis, and the liveaboard fee brought the cost up to equal that with renting. There was no value in the short term (short term being measured on the "decade" scale), as we were paying the same thing renters pay, but with a large chunk of cash tied up in the slip that we couldn't access without mortgaging the slip. Long term value in slip ownership? Maybe, I dunno.
Another thing to consider is that, unlike a home you own, you typically aren't free to rent out your slip on your own. The marina typically enjoys the say on renters, installing hardware (cleats, bumpers...) etc.
Lastly, we encountered the same old BS we encounter with home ownership: HOA power trippers, rules and regs doled out inconsistently based on your status, bad renters with no stake in anything who don't care about your investment... and worst of all, we were very expected to continue spending moderate coin in the marina (since we were rich slip owners after all...).
This was our experience, fwiw. Slips in MD are a dime a dozen, and I hear the PNW is different...