@Malachi Tresch while at first blush the higher than average PM fees with your proposed vacation home, I would obviously consider their impact on your property.

I also need to research the concept a bit more w/r to how it would play north of the 49th ... at first blush, Canadian tax code appear a little vague around the treatment financing / capitalized leases - particularly where it pertains to Capital Cost Allowance (CCA .. aka depreciation) and who gets to claim/deduct what.I also suspect our banks/lenders to be a little frosty to the idea of financing with an NNN lease as collateral ... but with mortgage / property financing terms being shorter (0.5-10yrs) here, you would be inclined to think it should be seen as low risk provided the lease term extends beyond the financing?

I also give one lip balm and bottle of water per person.

If it strictly references property damage, I might be leery on charging to do house cleaning, et al... but those are my non-legalistic first blush impressions.

At first blush, I have some problems with some of his assumptions.

If the tenant gives you lip but leaves I would put that to their personality and wash  my hands of them.Best of luck in the New Year.Phil

We called his captain (moral terpitude and all) and got lip service not much else..

I heard on a podcast here by Brandon that if an offer you are making doesn't make you blush a little, you are offering too much.

The math at the average rent for the zip and the asking price looked pretty attractive but I am put off by such a closed lip owner.

I like the old saying "loose lips sink ships".