I did not have a lot of resources at the time to do anything except hang on by the skin of my teeth and rent out the tired home with the most minimal of repairs at a lower than market rate.  

Hi all, i have a property under contract and need to speak with an experienced investor in a timely manner to go over some very sensitive and specific things.would love to connect.

Consider 5/1 loans or even interest-only if you are sensitive to cash flow.

If there is a risk-standard or -criteria or -mandate in the the investment strategy then NPV sensitivity is great.

Use this technique to better define your goalsSMART GOALS: Specific (simple, sensible, significant).Measurable (meaningful, motivating).Achievable (agreed, attainable).Relevant (reasonable, realistic and resourced, results-based).Time bound (time-based, time limited, time/cost limited, timely, time-sensitive).

Be reasonable or I will show my teeth!

Im a CPA and also a buy and hold investor of a string of residential properties across a couple of counties in Southern NJ and until recently, Texas, too.Vacation rentals are short term rentals, and end up being required to report on Schedule C where you get dinged for income tax AND self employment tax.Use your money to get a mortgage and buy some buy and holds if you are nearing retirement...Spend a couple years cutting your teeth and developing your successful business model.

For example, financing is a challenge because lenders in this space are sensitive to buyer experience, liquidity, net worth, track record in the area where the property is located, and management plan, among other things.

They require the newer systems with pumps and filtering due to the environmental sensitivity and proximity to the ocean.  

Not always make it happen but sometimes it's just by the skin of my teeth.