I am not invested in the area you are looking at, but I do own a lake front property in north Idaho.Buying a lake house isn't much different than any other house.

. - Only 4 houses down from my current home in metro Detroit, MI.We toured the property and it was a hot mess, easily a complete remodel because of cigarette smoke damage that seems to have reached every corner, but the prospect of redoing it really excites us.

As an individual or first-time investor- House Hack, lower interest rate/downpayment programs, local market knowledge, Rent a room, STR your house, Military BAH payments, etc.B. 

Not every house will be a good fit, and a lot will depend on your budget and down payment.The core summer season here is about 10-11 weeks long, where you can rent the house out for full weeks at premium rates.

Imma personally dm u so the thread wont get super long 

The “tales” of nothing down/seller subordinates “down payment” done successfully almost always hide the most important information - that the buyer either provided additional collateral (such as real property owned “free and clear”, a certificate of deposit in an amount greater than the down payment required, or the buyer is financially strong enough that part of the financing was in effect a personal loan or line of credit. 

I was going to split the lot and build two houses on it but Covid hit and I got into other things.

If you keep the house over the same period, its value will hopefully track or outpace inflation and your heirs can inherit it.

Also the person we fund is not under a time crunch to try to get the deals to work  and has to run their business partner through the houses which we know is not their business partner just a litnay of white lies these guys tell sellers..

Mom and popIf you want in-person training and offices and more camaraderie, bib box like KW, Coldwell Banker, etc are good options to start (you will leave after one year).If you are mobile and doing a lot and want to work freely, but have a ton of online support, cloud brokerages are great and have better splits like eXp and Real.