So, you might only have 3-4 outlets in the room when you are done instead of 5 but you have upgraded the electrical in the room at a lower price point.

Hey Chris would love to visit.  100% of my business is helping clients in all 50 states with purchasing vacation homes/STR properties. 90% of my clients use the 10% down loan because the lower down payment requirement and rates/cost similar to a primary residence.

This gets my mortgage payment barely at break even for LTR value, (could be negative cash flowing), and lowers to about a 6% CoC (with down payment, renov and furnishings' costs)About 1.5 pt lower than my goal and with an MAO $10K higher than I wanted.b.

Long term is it a good investment.ThanksHimatejaP.S: I believe the seller is going lower because the property has a relatively smaller pool/backyard .

We also get to enjoy our place as often as we like (the slightly lower occupancy rate due to our use is also a factor in being cash flow negative) and the negative cash flow is offset easily by the equity we'd gain, even assuming only a 2% appreciation on the cabin. 

So at the end of the 5 years, you are just treading water with the lower price point home, while you made headway with the other one. 

@Rick Soto,Both options have their pros, but here’s a way to think about it given your plan to move in 5 years:Option 1 (10% DP, 2-1 Buydown): This gives you lower payments for the first two years and saves you cash flow short-term.

Most of the homes come with a one or two year warranty so we set it up so that they can communicate with the builder directly to handle maintenance issues.- Taxes are usually much lower the first year. 

Or do you think they’d move out if you didn’t lower rents?

She bought a condo with lower-than-average dues, but a few months in, the HOA announced a special assessment for roof repairs.