Dachtera was championing here, it is even less attractive in countries were mortgage terms are far shorter than the amortization (i.e. almost anywhere but the U.S.A.).  

This often attracts broke tenants you will have to soon evict.

Prises are so attractive but as soon as add the taxes….there goes the positive cash flow.

For example, unsanitary conditions that will attract pests.

While the terms on the assumable loan and seller carry are attractive, confirming NOI, expenses, and lender terms is essential to ensure it’s a viable and profitable deal.

Well, those properties will statistically attract corresponding Class B & C tenants.So, how should an investor account for Tenant Payment Performance/ DEFAULT in their analysis? 

@Michael NguyenA lot of it depends on your market and what is more available and attractive. 

For that time frame it would not make sense to turn it into a STR as there won't be enough time to establish a history to attract good vacationers.

In some very attractive markets like coastal cities I can see it being worth it not to rent the unit or rent it only under very limited circumstances in the low season because the high season is just too lucrative to allow anything to affect those bookings.

Attractive digital marketing fliers, 3d tours, professional tours, rent specials, and competitive pricing all help too!