This is located in a tourist lake/ski town with extremely high demand for lodging.  

And the demand and value for that by those who'd use it.  

Here are some key steps to get started with the BRRRR method:Keep Learning: Stick with reading and watching videos from experts like David Greene and Brandon Turner.Get Your Finances in Order: Save up for a down payment, check your credit score, and look into getting pre-approved for a loan.Research Markets: Find neighborhoods with growth potential and high rental demand.

Good luck- shoot me an IM if you'd like more info on my process..a little bit of background research and some phone calls can make your sq' price swing back a lot. 

Why do you think the demand is low?

Focus on areas with strong population and job growth—that's usually a good sign of demand.

There is a real dearth of available rentals there right now and the new builds can't keep up with demand.

One demanded we paint the interior the color they wanted or they wouldn't renew their lease.8) MoveOut damages typically exceed their security deposit.

The country simply does not have enough affordable housing units, and the new supply of affordable housing units is not keeping up with new demand.

The Shadow Ln property presented a high-demand location and a competitive purchase price.