It will be a hire rate that market average, but at least it will be principal and interest bearing.

Seems to be a deep cut in price if the market can bear the $695k asking price. 

Your income, tax returns, etc have no bearing. 

I think Texas probably ranks up there because of wind and hail .. and really bad soils that wreck foundations..

Maybe they had to cut through clay soil versus loam, or tunnel under a driveway???

I genuinely asked why you think not being born in the market you invest has any bearing to being successful.Secondly, "Try it yourself" Don't need to.I have a 22 year old student in NYC that is doing it and is successful at it.I had this talk with you before.

I sweep cash to an interest bearing account which i right now about 4.5%.

The wall between the kitchen and living should be as open as possible (could be load bearing) but the wider that door way the better.

Hello Everyone, Greatly appreciate any thoughts on the matter.We have a property in Big Bear, CA and it is making a small profit this year, but it is strictly an STR.

I am going to try and answer this question with a fair amount of grace, so please bear with me.As to the original question, here's a rough idea of my thought process regarding a potential purchase:The hospital is a Level II trauma center with 390 beds (that's a decent-sized hospital), so it probably needs a fair number of travelers.