Seems to be a cheap way to get money without pulling 401k or other retirement streams. 

Every income property has two separate income streams, one generated by the property the other by your cash/ equity.Buying cash flow today costs twice as much as the prevailing mortgage interest rates based on the opportunity value of money to investors. 

That's great when you can do it but with a rental property, you make your money through the long term cash flow income stream, the mortgage pay down by your tenants, and hopefully some appreciation. 

I'm assuming this is an additional income stream for them.  2.)

With STR In the winter months I about break even or lose a little, June-August I should net between $4,000-$6,000 depending on occupancy 2) Immediate payment by VRBO or Airbnb, no more waiting for the tenants to pay or if they will pay, 3) The revenue stream makes it easier to justify a property manager (or Co-host in Airbnb terms).

So that might be driving some of the rent up.I was speaking with an agent who said they were still getting a steady stream of buyers who just couldn’t qualify over $300k.

I am a financial independence "enthusiast" if you will and always interested in adding more semi-"passive" incomes streams to supplement my current investment portfolio (mainly index funds at the moment).

I really need to get with people of like mind, also I believe in Multiple Streams of Income.  

Sure you could small claims sue the seller, but blood/stone you get the idea.

Always try to create additional income streams on the property without spending a fortune.