My buyers were thrilled to finally find something that was producing income and in great condition.

The reason I ask about this is that I love the vacation STR strategy, but I know nothing about top-producing vacation markets and what is achievable.

The best skip traces produces data at the credit bureau level.

Before you get in trouble study the landlord tenant laws and Fair Housing Act.

You'll also learn some things on how to deal with tenants. 2nd- If you decide to move out but hold on to the property, you'll have a cash producing asset. 3rd- If you decide to sell the property and it's the type of property that cash flows when fully occupied then you'll attract both owner  & non owner occupants to make offers. 

Make sure the well pump is operating well, that the water supply is sufficient for the renters, and that you understand how it operates so you can trouble-shoot problems like a well pump that trips a breaker.

In addition to law, they produce more minor, explanatory publications regarding case results, field guidance documents and such. 

ERGO they use folks in the Philippines and other parts of the world to read off of a script.. the difference is they have to pay them by the hour .. so for you no skin off their nose you dont produce does not cost them anything. 

Although we likely find better deals than OOS investors with our relationships, you can still purchase solid deals on the MLS that produce 10% cash on cash and in areas that are gentrifying and growing.

"If your home is your largest asset, you're in trouble" as they say.And yes, loan or line terms matter.