It also positions you to work more effectively with lenders and partners who want to see a professional financial setup.How are others here organizing their finances?

If they don't have a positive test, they won't have anything to back up the photos if it tests negative now.

It should be common sense that if you respect your tenants, understand the culture and provide a positive and enjoyable experiences, in many cases that is reciprocated.

Many investors who are in a similar position in my market (another HCOL/tenant friendly area) choose 1 of 3 options.1.

You're in a great position, but using the wrong type of financing in the beginning could impede the growth of your portfolio.All the bestStephanie

In other words, we are going with something that won't cash flow positive and we're okay with it.There are definitely cabins that will cash flow positive, especially if you get something smaller that is likely under $300K.

The primary metric you should be focusing on is return on your equity position.

This creates a negative initial position.

The strategy is to buy and hold with positive cashflow.  

It's about finding a situation where you can force enough value to create a 20%+ equity position.