With the rates at what they are my thought process is to do the deal in all cash then if rates drop do a cash out refinance.

If you don't, you lose out on a lot of income and there's a risk that Vrbo and Airbnb might drop you in their algorithms.When I built my cabins, I placed them on the right hand side of the lot so that I would have room to build a small pool house someday (about the size of a two car garage).

I purchased the property with an FHA loan at 5.25% rate but plan to refinance once rates drop (if they ever drop lol).

I dropped Buildium about 6 months ago even though there were some features I liked better vs AF.

We have the rare guest that breaks into the pool equipment room and tampers with the pool heater to raise the temperature.

The National Association of Homebuilder’s confidence index dropped from 43 in June to 42 in July (anything less than 50 = bearish).

If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.

If that does not work with your site and the contours/grades are dropping/rising along the longitudinal with of the garages, that can cause much more site work. 

If that property drops 5 you now have another $15k to come up with on top of the closing costs on that property.

Mortgage rates have come down and dropped even more over the last few days so get a second quote.