Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Even in housing.  

Most are not even comparable, but I guess you get what you pay for

Had mortgage and note on the property.Buyer failed to get insurance is my understanding even though it was in the agreement. 

Most people bring their own.We also have a bin of razors, q-tips, cotton balls and even a bunch of contact lens cases in the master bath.

Even as a landlord I would feel uncomfortable with it.  

I understand there are many limitations to short-term, or even mid-term rentals down there now, but hoping to see some insights on areas where I might see more of a demand. 

If you're house-hacking, you can put down as little as 5% (or even 3.5% for an FHA loan).

Even more so if they have to haul firewood up to the attic.

I started out with a house hack, and I would say that that was definitely safe for me when I was in college as I could afford the Mortgage even if my renter didn't pay.