@Edward Toomey V,   agree; NOT a fan.

I have sold a couple of businesses as well, and speaking from experience, you are never more vulnerable to make a mistake than when you are sitting on a giant pile of cash.Also, I agree with @Corey Conklin - I'm a big fan of "overflow cities/towns" in the sun belt.

I'm a big fan of lakefront properties as vacation rentals, and the area these cabins are in is popular for tourists, so I felt confident in the deal.How did you find this deal and how did you negotiate it?

One of them hired a landscape guy, well, the landscape guy never came so I was paying $140 per month for nothing for about 7 months.The other property manager didn't tell the tenants they were responsible to replace the ac filter, that bill was $1000 to replace the AC fan motor.I am really afraid of blowing off the money.

I am a big fan of Brightside.  

So I'm a fan of buying in the path of progress from here since it's starting to expand outwards into cheaper neighborhoods.

I’m also a big fan BTR developments, especially horizontal apartments.

@Matthew Posteraro I'm a big fan of starting with the 5% options. 

We have even first-responder equipment ready (carpet fans, dehumidifier, puddle sucker pump etc) to deal with the issue quickly and curb the damage, before we get the contractors in to do the repairs.

Hotels are definitely not fans of STRs but it is regular people and safety officials that are pushing for these regulations.