And right now the bigger cabins are not a good cash flow play but might be a great equity play when you look back in two to three years.  

Ideally, no more than 5% over median and no lower than 15% under median.

This brings a much greater liability into play, and in my opinion provides greater balance.Is this offering the best “deal” for a passive investors?  

This one will cash flow a little when we move out but it was a bit more of a long term play for us (5-10) years, so we need the time to make it worth it.

It’s a great way to grow faster.HELOC or Equity Tapping: If you have equity in another property, using a HELOC or cash-out refinance could help cover the down payment without affecting your DTI as much.Seller Financing or Creative Deals: Look for sellers willing to finance directly, which bypasses traditional mortgage qualification hurdles.Scaling quickly often involves combining strategies—play around with what works best for your goals.

There is something to be said for knowing your ideal avatar, but you are taking on a lot more red tape and a lot less learning possibility.When you are a non-local investing out of your area, you are a mark for every deal out there.

Not me mate,F@$# it tho.I'll just show up one day and knock on his door hahaTeach him how to play football and not how you Yankee's call it "soccer" hahaha My fault, I thought you knew the invitation was open! 

Educating yourself on how to offer 5-star remote management would be ideal as well!

We like the short-term rental idea because we could stay at the property ourselves when we want - summer break, spring/winter breaks, etc.Our budget will be right around $1M or less ideally, and we would like a short distance to the ocean.How likely is it that we could find a property as described above and have it cover or come close to covering the mortgage? 

So I used to work for a basketball tournament that played in Washington IL every year and so I often visited that town plus Peoria.