SE Salem and Central Salem are probably at the end of the list, boasting the cheapest prices in the city.

You could do MIRR for reference, but this isn't what you're going after here.Cap Rate is not a metric of financial return, per-se.

Watched the RBC Heritage Tournament, and spent some time enjoying the island.Question for you--If you were to purchase a vacation rental in the SE (Hilton Head, Savannah, Charleston, Myrtle Beach, Jekyl Island..) where would you consider?

It seems there all types of creative ways to "skin a cat" per se.

@Ross TramplerIf you want an owner to allow you to lease with option, see houses for sale and for rent on Craigslist in SE NH and NE Mass, it is expensive as I grew up in Boston, Try to get market rent and a new appraisal and a property inspection to find defects.

I work in SE Aurora and have done dozens of projects down here.

I invest in SE FL but have only been to this Allapahta couple times. 

We did sell Venkat a property on Innsbrook in SE Memphis.

However, I have no experience in adventure tourism per se. 

Today, I am not sure I would say start a business per se knowing some of the paperwork headaches (insurance, licenses, liability, taxes, etc)... but you might land a job with a contractor as a laborer, a property manager or realtor, handyman helper, etc.Also, you will then be earning some money you might want to save up for that first down payment.