Hi BP,My wife and I are 24 years old and we just bought a beautiful piece of land in cash, using our income and rental cashflow.

After speaking with a broker in Virgin, UT, I learned that capitalizing on that  Zion national park tourist vacation rental market can be (relatively) pricey and challenging.My investor and I are looking for something close to nature or smack-dab in nature; but, still close enough to modern amenities to resolve any issues should they arise (emergencies/food etc).I learned that if you are in the mountains, you will more than likely not have year round access, no water/rights, 2 hours away from amenities and no management willing to make the drive to check on 1 cabin, needless to say it was a little discouraging to hear. 

Im obviously new on different options on how to acquire properties, so Im partnering with my friend who is a sales guy by nature, and a really good one.

I love the Colfax, Auburn area, it's beautiful.

Its a nice, growing area with beautiful beaches!

If there is a valid reason such as a family emergency or something of that nature I try not to be a heartless land lord but the truth is late payments are almost always a result of laziness and lack of priorities.  

We have zero problems filling vacancies but he isn't able to keep people very long due to the transitory nature of the tenants he's able to achieve. 

They are natural clowns, so they tend to make training comical at times; they like to put a little twist on your training program.

Depends on the exact nature of the loan.

Beautiful!