Less oversupply with that product type and more renters that were renting the more expensive bigger cabins are choosing the lesser ones because they love the area but don't want to spend as much on rent.We've talked with several long time investors out there and there isn't a one that have held on to their cabins over time that aren't still adding more. 

Understanding their motivations allows you to frame your offer in a way that aligns with their goals.

@Yamil NafRaising $160,000 for your short-term rental (STR) venture is a great goal, and there are several ways to structure the deal to minimize your upfront costs while attracting investors.

Keep the wood (or sheetrock if you choose) an inch or two off the floor to not wick water.

To choose the correct path for any particular business a number of questions need be answered first1.

Complex Filings: Businesses with more complex structures may choose to prepare and wait for further developments.What’s at Stake?

Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes. 

From an email I received from FF:New year, new rental goals!

If they fail to pay, then you can choose to try eviction or just hold the charges until the end of their lease and collect it from their deposit.

I know your goal is to BRRR.