Whitefish, Columbia falls, flathead lake, etc.

However, as this WSJ article points out, falling interest rates won’t solve all the problems faced by many buyers in current market conditions.What if I’m a buyer?

The one question I have is do you deduct anything for capital expenditures in this model or does that fall under the 10% maintenance?

Your situation is still unfolding.While this recent official warning is not about your specific type of investment, any investment loss victim with potential for a legal action should consider it: https://www.ic3.gov/Media/Y2024/PSA240624.Thank you for trying to warn others with your post.

Now (in the fall) I would agree that we are seeing softening of the market and some of the comps are lower than what they were 6-7 months ago at peak season.

Any help or guidance is much appreciated.San Pedro is a rent control area and you can confirm your property falls within this on ZIMAS for your property

-Townhome/condominium sales continued to decline, falling 23.0 percent, with the median price up 7.1 percent to $240,990, and the average price rose 10.9 percent to $290,048.

They may fall further as a consequence of all the trade war sabre rattling. 

I am in the process of creating my business structure, establishing business accounts, and all around finding the right team of people to support my efforts without falling on my face with my first purchase. 

Even partnerships of the closest friends can fall apart, but putting that much trust in a stranger you've only met over the phone or maybe in person a couple times would not be a route I'd go.