When I got into the STR space in 2015, I needed my daughter to be available on a full ti e basis as PM.  

I do not have the capital for the property to pitch in, so I plan to use the investors money to secure the property.The interest rate that I will pay the investor is 5% for up to a duration of 20 years.

I brought it up to a friend this morning, saying I was concerned about what a smaller population could mean for the market.

Quote from @Clint Miller: Seller financing opens up great opportunities for real estate investors, but coming up with the down payment can still be tricky. 

My husband and I did about a year and a half of college before moving up to KS.

You could break the ice, introduce yourself (unless you go PM), do an inspection, and bring a lease agreement for them to read and hopefully sign.You'll probably increase the rent.

But if you’re just getting started and haven’t done any investing yet, those costs might not count as business deductions.Hope this clears things up!

I talk to so many people who regret not getting a PM up front because they are having problems or high eviction rates doing it alone.

I look forward to fostering a growth in knowledge, understanding, and connection by utilizing the tools and resources provided through bigger pockets.Thank you for your time,Brian Luter

If you make the purchase prices much closer, then the waterfront unit should do better.You are going to have to run the numbers.