I also watch occupancy rates and adjust if bookings are low.

It's no different than their 2-year, low interest rate teaser houses.

I kept the rent low because the tenant was there for a long time. 

The current status of the market is low end rentals land lords that let the houses look like crap. 

The downpayment is good but the interest is to low.

If he must attempt to get the low interest rates of 2021 on this deal, I suggest that he instead look for assumable loans.

My low months were 50-65% occupancy and 100% for summer.

We recently relocated to Phoenix last summer and I'm starting to look for recommendations for local credit unions here in Phoenix which are trustworthy, low rates, personal touch, easy/simple to work with, etc. 

@Bryan HartlenManaging low-end properties can be demanding due to higher tenant turnover, increased maintenance needs, and frequent rent collection issues.

The overhead to start a company is low, but the cost to scale is high.