Agreed with Peter here. 

. - near lowest delinquency, late payment, and evictions in the country.  

Nothing fancy at all but waterfront.I will agree that basic numbers look pretty bad.

We had previously agreed for a walk through on 31st May, but he hadn't completely vacated.

My realtor/contractor/friend agreed to show them to me.

I am actually open to hear about other areas in the states, but the general direction is Jacksonville at the moment.I totally agree about the partnership part.That is why I am working with one :) Are you thinking of buying in Jacksonville as well?

Agreed.....Milwaukee has such a helpful community of investors.

But that's just me, maybe your market can tolerate higher nightly rates.....I agree with Bruce.

So anyway one can pay the  20k and get some basic theoretical knowledge but one should be realistic this is a big cash up front business.. your not going to find consultants doing this work on the come.  100% agree.

Let's say $300k, you then agree to the purchase price but add your own terms (ex. 0% interest, 5% down, 16 years to pay back).This way, you're paying (example) $1,800/month but renting the property for $2,400/month and pocketing the difference.Anyone have success doing such a thing?