It’s a way to earn solid returns without the day-to-day work.

@Brent BoltzBrent, it is great that it changed how you look at and value you hard earned $$$. 

I know it seems like a tough task, but can you spend a few more months or a year while you continue to learn to really tighten the budget or find ways to earn a little extra to start from a stronger position?

After five years, I am willing to buy the other owner out or they could stay in and continue earning and enjoying the property. 

- Design language (this has differentiated my home in Massachusetts though tastes differ and not all markets are as high earning as Mass)- Do you typically work with the same contractors, electricians, etc or have a network?

They may change, but do you want to risk your hard earned money to give them chance.

More competition equals less income per cabin.It's possible you can grab a cabin at a low price from someone who bought at the peak in 2022,  Just do your homework and be sure you can make your ROI before you enter this market.

It's not fool-proof, but I think odds of earning 7.5% using a barbell strategy in the average year on your money is 97% likely with very very little effort. 

This fosters a top-down management approach that ensures accountability and efficiency throughout the property.As I've earned from my own experiences, the difference between a good operator and a poor one lies in effective asset management.

Generally speaking, if you borrow money at 7% interest and your investment is earning a 10% return, 10% - 7% = 3% and you are not growing faster than inflation.