2024 was a banner year for our investor clients with eight prime Oregon Coast vacation rentals sold.

Saw your post while searching for any info about STRs in Banner Eld area.

Oversimplifying it just a bit, the investor profits from:- a non-refundable option paid by the tenant-buyer which gives them the right to purchase the property within their option period- the spread between the rent paid by the investor to the property owner and the rent paid to the investor by the tenant-buyer over the life of the option- the spread between the price ultimately paid by the investor when they exercise their option with the owner and the price ultimately paid by the tenant-buyer when they exercise their option with the investorClear as mud?

That way they don't get double paid and everyone is happy and they still get something if you don't close on anything. 

I would take out a private loan on the paid off property to get the other one squared away

It looks like water is not being paid and I can only see a small fee every month (that is over due) meaning the meter is likely disconnected.

You basically own 3 paid for properties. 

Let's say you paid $250k for it, and it's now market value $500k.

My vision is to keep it a while (it’s paid off) and use the cashflow to help with my kids college.  

I’d rather have more properties with mortgages than a couple paid off properties.