We also get to enjoy our place as often as we like (the slightly lower occupancy rate due to our use is also a factor in being cash flow negative) and the negative cash flow is offset easily by the equity we'd gain, even assuming only a 2% appreciation on the cabin. 

I had plenty questions when I was determining if I wanted to send him my money, and I was able to talk with him directly very easily.

I saw the list almost a year ago and we started working on fixing every issue we could that was on the list so that we would easily pass when the inspection day came.

My credit is poor right now but can easily be improved as my income is much better lately. 

A lot of potential people will see your add and move on if they can't find things easily as a lot of adds falsely represent the property. 

Even including modest appreciation and equity pay down, the ROI is between 7% and 12% for a non passive holding (not good for an active holding)I can easily afford this level of negative, but do I want to?

Depending on how upscale your finishes really were, you could have that built in this market for 300 to 325 per square foot fairly easily right now.

But you can easily contact your servicer (who you send the monthly checks too) and they can assist. 

It's easily the number 1 savior i've seen in multiple of my clients.

Your tenant's friend will probably just draw it from whatever nearby circuit thay can tap into most easily.....So running a new 14/2 cable from the main panel will probably not be easy unless it is really close.