The guide breaks down the process into easy-to-follow steps, using public records to find property details, liens, legal cases, and more.

If you want to figure out the value logically, you can create a spreadsheet that will show your cost of financing and principle paydown on an annual basis to figure out the break-even date between the seller-financing price vs paying market price, but with bank financing.You mentioned a 40-year term, but is there a balloon?

Typically what I see is more like 30-40% down to break even. 

Florida tends to incentivize businesses (tax breaks) and individuals (no state income tax) to move there so it checked that box for me. 

In addition to joining the seller to the buyer at the hip for several years/decades when the seller wants a clean break, the properly-discounted, risk-weighted, money to be received by the seller is less than the immediate sale price.

That’s why this tool breaks down various components like cash flow, principal paydown, home and renovation appreciation, initial equity, and depreciation for potential tax savings.

People come for fall break and fall colors.  

Generally, since we set our initial break even at 65%, our future buildings only require a 35% occupancy to break even. 

If you charge a per day rate it gets more complicated and you run the risk of potentially breaking laws in some places about late fees.

Government Policies and IncentivesTax Breaks: Governments sometimes offer tax incentives to real estate investors in certain areas, such as Opportunity Zones.