Plus, having a fully paid-off property could be a nice safety net if the STR market takes a hit or occupancy slows down.On the flip side, if you’re eager to grow, saving for another property could be the better play.

Those that cannot weather the storm get wiped out.Having cashflow positive properties provides a margin of safety you just do not have with negative cashflow.Why are you focused on buying in your backyard? 

Most other things are worth attempting to resolve yourself after ensuring safety and doing research.

@Jim G.Per the International Residential Code if the glazing is less then 60 inches vertically from a standing or walking surface then yes it’s required to be safety glass as it’s considered a hazardous area.  

I havent gotten an insurance for this and a week after close I consulted some insurance provider and he didnt offer me insurance options.

The underwriters will be looking at similar property condition requirements (c4 or higher) of a conventional loan (no deferred maintenance or safety hazards which would affect value).  

I already provide 110 electric and gas for a gas appliance.  

Who is providing 85% LTV financing on that?

If you buy in a vacation area there really is no safety net other than desirability/location…I guess just don’t pay up too much.  

With many advisers there is safety.