Gold luck!

And while you might buy in a place and be running a gold mine, it's scary to know that at any time you could be shut down because of a change in CC&Rs or city ordinances.So, when and if I purchase another place for vacation rental use, I'm going to want it to cash flow as a long term rental, just in case I can't operate it as a vacation rental anymore. 

@Casey Brady-Gold Welcome to BP!!

Sharing your wisdom is gold to me.

I know the stuff I have learned in the past year investing has been gold.

You have sort of hit the mentorship gold mine when you came to BP.  

Here is where having a broker with lots of personal contacts in your market is worth gold.

Once all is stabilized I will rethink my management skills.Pure gold about starting a bidding war.Thanks again Carlos

While you can always negotiate fees, etc. a good investor agent is like gold and my best deals were brought to me by agents who knew that I would pay the ridiculously low asking price on the properties without trying to negotiate and close the deal. 

I purchased the property for only $200,000 and figured I could not loose.Repairs included finishing the driveway with concrete, pouring a walkway to the front step, solving a crawl space water retention issue, installing new hardwood flooring, replace all "gold" fixtures with brushed nickel, interior and exterior painting, replacing the septic pump and replacing light fixtures.