This factoring includes the presence of competent contractors who can limit unforeseen surprises and costs.Myth 2: They're Too Risky to Invest InThere is risk in any investment; however, distressed properties are not inherently riskier than any other real estate investment.

That’s why you get a discounted interest rate and a lower downpayment, because owne occupant properties are low risk. 

I think this depends on your risk tolerance and your interest rate.  

Anyway, Peter is an authentic person that does care about his students and him and his team ensures that you make a good deal and not some half a%^ed one that puts your investors at risk.

If so you should be able to cancel but if you are doing it out of the inspection period you are stuck and could run the risk of losing your earnest money if you put any down. 

I think with the time you’ll spend working on this, you could find 2-3 existing parks to buy in the meantime and not need to take anywhere near the same risk  

Landlords can easily do it without a mortgage but they are taking a huge risk.

Since you're in Destin, you might want to check with local firms that have experience with STR-heavy communities, as they’ll be familiar with the risks and requirements.

They are great and they sport a 1% eviction rate and they carried that even through the pandemic. 

I am left to wonder, though some investors with SFR's are doing it successfully, is the risk too high for the reward?