LOL.There are endless amenities to choose from so if you don't have a pool/spa/view, you can certainly provide many others that guests will enjoy!

@Matt Powers there are endless possibilities and combinations of how you could approach this opportunity.

So in 5 years you have the money back and endless cash flow for the future.Your numbers fail to take in account several things.

Meaning the low hanging fruit for a new investor might be a little higher up on the tree and fewer and farther between.

It's an endless game.Recently, one of the tenants being evicted reported a broken heater to code enforcement and the Department of Children and Families (DCF).

They are a commodity, and owners are competing directly against hotels in this space, so rents are ultra low.

Low taxes, low crime, low homelessness, friendly people, all 4 seasons, etc!

Either change out the fridge or get a water line installed, I can promise it's going to be endless messages asking, "do you know the water dispenser in the fridge isn't working".  

- very low remaining mortgage balance!!

Low or no down, seller financing and low or no interest with a balloon payment later is the holy grail (location, building condition, market also matter but it sounds like you have all that).