Hugely popular area.Our cabin is doing good, hopefully the calendar will fill in more throughout the year.Although lots of people visit the area there is a lot of competition. 

Just get a second set of sheets for each property so the turnover isn't pending the same sheets going back on the beds.

@Jeff Skinner welcome to the BP community!

I joined after reading 5-6 of the BP authored books and I've loved growing my understanding of the world of real estate investing.I made my first investment this summer and my family is partnering to make a few investments in the next year.

For those of you who’ve chosen the fund route.

Those pictures protected us when the guest contested the charges.

So what do you do with the houses - leave them vacant?

since as part of the project you are going to need an architect and civil engineer, I recommend starting with them and ask them who they have worked with for zoning.

It depends on what the terms of your mortgage are.Pros-with no mortgage, you have higher cash flow.Cons-if you plan on buying more properties, you are better off saving the money for a down payment for your next place.The big questions are: can you get higher than 7% return if you invest that money elsewhere? 

I usually advise folks moving to a new area to rent for awhile to get the lay of the land.