Are you currently managing your own properties or do you have a property manager because many times a property manager can perform the work needed for it to be turnkey.

Missing these dates can have dire consequences.Schedule third-party inspections early and submit lender applications promptly.

Whichever direction you go, be sure to work with folks who understand this and gives you the confidence to take reasonable action - I'd personally take an okay investment and weather the storm for a few years that will eventually perform well, and do that each year - rather than take 3 years to wait for the best deal possible.

>How well do log cabins in the area tend to perform in terms of bookings?

Most are performing well and a couple of them are in the middle of dealing with evictions. 

Dump the thing and either hang on to the cash while you find a performing asset or 1031 into something that does perform.

Create a bonus structure that gets those managers pumped to perform.

This is a straightforward process that we’ve followed to consistently deliver high-performance properties, and it does not require secrets or gurus.

For STRs, properties near the beach or downtown tend to perform well.Start Small and Smart: If this is your first property, focus on something manageable.

It has been a steady performer for both appreciation and cash flow over the years.