That's definitely a rough start to the property, but not an unusual or uncommon circumstance. 

Monthly rentals in the summer are not uncommon, especially if you have a nice amenity (proximity to Donner or Tahoe, proximity to downtown, or one of the local golf courses).Check out Tahoe Forest Hospital for their need of MTRs.  

The goal is to take advantage of cash flowing investments with the intent of having a tax advantage. 10% cash flow returns are not an uncommon thing if you can find an experienced operator.

Not uncommon.

However, it's not uncommon to find discrepancies between the figures listed on MLS and those on consumer-facing sites like Zillow or Trulia.

As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly.

I have no dog in this fight, but the point of these forums is to connect people with more experienced investors and get answer to common (and uncommon) questions or problems.

This practice is not uncommon.

Its not uncommon for galivanted pipes to get corroded/rusted and taint water.

I have an agent that's great If you need one just let me know.our two houses are side by side which is very uncommon in ocean lakes so we can host large groups.as far as riding through down times.