They cash flow positive and are in a good area.

Views, location to attractions and layout of property can make or break you in a good location or not so great location.

The ones I’ve come across are in areas with boarded-up houses throughout the blocks, which I’m not quite ready to invest in as a new investor.

Throw in a few nice touches, like coffee or board games, to wow your guests.Keep extra linens, cleaning supplies, and essentials like toilet paper handy so turnovers are quick and easy.

Locking in a lower interest term loan will also force you to get the principal down as opposed to just making minimum card payments every month that allow the balance to keep growing.

It is located in a recreational community so other cabins are around it.

Welcome @Sean Quinn Being in Sheboygan, you're in a market with great opportunities for SFHs, duplexes, and fourplexes.

I personally manage my rent by the room property and yes there are some headaches, but as you mentioned it's one of the most viable ways to maximize returns in a high-priced market.

A principal (who is not well versed in contract law) in a transaction can draft their own contract form just like someone accused of murder can represent themselves...and both would be making a grave mistake.

However, if you’re interested in a very specific type of property and a specific type of sub-market, it will be very difficult to find a wholesaler that meets your needs.