STR purchasing and Carrying Costs

[Gretchen Parlier]

What is the best way to lower your exposure risk when purchasing a vacation rental at the end of the season?  I have a chance to buy a nice one, but by the time the deals closes, the prime season will be over and I’ll have to carry the property with minimum income until next year.  Any suggestions on either negotiating a better deal with the seller or covering this some other way?  Thank you!