@Chris Seveney @Nathan Gesner The owners offered to cancel their lease and return their security deposit in full.

I'd love to connect in a few months' time (or before if preferred) to possibly locate a property in your area and start my REI journey around October this year.

Continuing on the north coast, another idyllic vacation rental location is Pacific City Oregon.

But what is really important is that you understand the terms of the loan, including the length of time and when you can expect to get the money back, how it is secured, and the process of getting it back if things don't go as planned with the investment.

What is drawing you to that specific location?

We then export this data into an Excel spreadsheet to review metrics such as average occupancy, daily rates, and annual revenue for that specific property type and location.We'll also look at the top-performing properties in the area and analyze the amenities they offer, their location, proximity to attractions/beach etc.

At over 4000 sq ft, I'm surprised you won't be able to list for a much higher number to net a decent profit, but without knowing more specifics on the house and location, I am speculating here. 

BTW, how are these loans secured?

CT is 1-2 hour drive from my location depending on the town and is manageable for one project.

Number looks good enough to me but I just worry about the location tbh.