I got lucky that the tenant wanted a house in my neighborhood to keep kids close to their schoolsHouse was listed for 1750, they offered 2250 but I declined , so they offered $3k, ended up renting the house for $3250 ($250 pet rent) per month, for 3 month, open to extension if needed.I met the tenant and did the background check on them, I felt comfortable renting to them THD takes time with approving the property, but they were quick to approve the lease, and they sent me the checks the next day after lease signingMy house is not furnished, and they were ok with that , they actually work with a company that provides furniture for the tenant, and they coordinate the delivery and setup of furniture on the lease start dateOverall I like the experience working with them , but hey today is day #1 (out of a possible 3 months), so I will update this post if anything wrong happens or if I notice any red flags

Yeah, it would be a deep cut in their asking price which is why I wanted some opinions.

I've seen some with 475k pricing that Gross 90-100K which is a very solid return without diving deep into numbers.Thanks in advance. 

I’m guessing the ski community is highly seasonal and has deep-rooted family traditions of return vacationers.

There was a post the other day someone posted about and invested in and the sponsor had a very shady past which should have been an immediate red flag. 

It’s a huge red flag. 

The address was submitted to their red book and now shows up online as official address when I try to ship items from Amazon or similar websites.

Perform a deep dive research into all legal aspects of the specific investment.  

With a Red Lobster at 6.55 rate in 10 years with increases you would be right at an 8 cap.

Ill take that I am thinking too deep about this.