A big difference is that their season is year round (and if anything, this is the low season right now) whereas I'm assuming Galveston is a ~6 month season with only 2-3 months of really peak rates.But I agree it's doubtful the properties are cash flowing at current prices/rates. 

This not only fosters growth but also provides a platform for networking and learning from seasoned investors.Your message of perseverance and long-term thinking is essential.

There is a few lenders that do not require sourcing or seasoning of funds for a DSCR purchase. 

The groups also go through seasons of highs and lows depending on the time of the year and the membership. 

This complaint pops up time to time and it is usually high season - when my cleaners are stretched thin. 

I will assume Ludlow has similar seasonal activity as Stowe, if so , the summers are busier than conventional wisdom would say.

The rest of San Diego still has STR permits available.I am hoping for a good peak season to offset how poor the off season was.You are doing something very well if your ADR is up (or you previously was doing something terribly wrong). 

That is where I draw my take on Sell/Rent my biggest fear is the "What if Factor" - drop in tourism, association comes under litigation, hurricane (This season looks like it will be "Very" busy), Sickness or health issues or other.

Hi Joseph, You would need a 2 year seasoning period to qualify for a government loan (FHA) and a longer period for conventional unless you had a documented hardship situation, such as medical illness, etc where the loan can underwritten manually. 

During high season I will be distributing $10k+.