Getting a lower rate will also depend on the amount you're putting down.

But based on that area and depending on the size of your cabin, you may not be as far off on your price as people here think - even with your lower revenue numbers (assuming you didn't accidentally give us net instead of gross revenue). 

This may result in lower rents and recoverable expenses, but it avoids a future lawsuit against you.

that will be a lower priced property that you most likely will be lending on. can it be done yes.

Instead of jumping into an expensive Long Island market with negative cash flow, consider investing in a Texas market like San Antonio, Houston, or DFW suburbs—these areas offer strong rental demand, lower property taxes than NY, and better cash flow potential.

*I aim for a certain guest experience and keep occupancy lower to minimize wear-and-tear and respect my neighbors.

So I rented it out via agency I as loosing $300 a month since my mortgage was look the idea was to refinance to get it lower or sale it when market is up.

Once you move in, refinancing into a lower-rate owner-occupied loan could be beneficial, but again, your 1099 income history will play a role.Lender-Specific Guidelines – Some lenders might have clauses about intent to occupy, so make sure there’s nothing in your loan docs that could create an issue down the road.

Are units in the area about the same price or are they way lower??

He may accept a lower than 20% down payment.