Plumbing is all PVC or ABS, electrical is all circuit breaker and grounded. 

We do have the no pets in a clause in our lease, and so if they sneak one in, it’s grounds for termination of the contract. 

Some of these hang-ups were outside of our control, but If I had to do it over again….I would build a comprehensive plan immediately after we enter the due diligence phase that's visible to all partners (including lender, property manager, and attorneys on both sides) with each key activity with an assigned owner and deadline for each.

Hi all, 
My wife and I closed on a home in WNC in February of this year. It's been a busy few months working our normal 9-5's and then heading up to the cabin to work on the weekends. We finally got it listed on VRBO...

The sellers and their people can't have any grounds for legitimacy to just give you a smile and a thumbs-up here. 

Yes for sure, a boots on the ground team is definitely key to make long-distance investing work. 

Actually, old reports are just part of the phase 1 process.

I am making a trip to my old stomping grounds Sunday (and plan on making many more this summer as we drive for dollars), so any advice is appreciated!

I tell her I will take between 7k and 12k for it.. this does not phase her..

I’ve called around and have been told pretty similar information that the ground lease should be at around 15–20% of the gross revenue.