Preferably near a ski resort.

It's a last resort when all else fails, but cannot be written off either.Nothing EVER goes to court without consulting legal counsel FIRST!

They want to know that if something goes south, they will be protected by resorting to the collateral.

I had the same situation and have resorted to the biweekly payments.

I'm helping a friend that's looking into buying a vacation rental in a ski resort area.

It is in a sparsely populated area, but it’s halfway between a city of 300,000 and a popular resort region (think boating).I’m considering converting the warehouses to self storage units as a strategy and want to evaluate my market and this deal.I’d love feedback about what data I need to determine the cap ex costs, market considerations and pitfalls to avoid.Thanks!

STR management is perfect for folks who can afford a lake home or ski chalet and want to make some cash on the side.

I couldn't agree more @Ivan Oberon I've owned a lot of homes in my life, and have learned from experience that your homeowner's insurance should be used as an absolute last resort. 

Strangely however no one is talking about the systematic devastation and migration that could emerge in cities and small towns with single economies like Casinos, Theme Parks, Tourism Resorts, Oil belt and College Towns.

Eviction is a legal process that you should use as a last resort.