Want the furniture, boat, golf cart, toys, car included8.  

However, if you are looking at this property over the long haul (more than 5 years) then you can keep looking.The next page in the report (Annual Property Operating Data) is your budgeted income from the property.

As far as the stove and water heater, those are usually included with the premises, so I wouldn't expect my tenants to have their own in the U-Haul.

I've toyed with the idea of Ogden Valley and Powder Mountain since the goal of the new ownership there is to build a village and turn it into a Park City style area, but it's already priced like it's Park City.Even the mediocre western ski destinations have exorbitant real estate pricing. 

My guess on your folks long term success would simply be the magic formula of rising rents over time, reducing debt (and increasing equity) as your tenants pay down your mortgage, and in, many areas, handsome price appreciation....Over the long haul it has been an effective formula for many investors even if you can't articulate it (the home prices and rents have just gone plain gone up over 30 years...)Best of luck Philip....

I have the ability to sell off some toys to generate cash, but haven't committed to that yet. 

Assuming it is not glued to the floor, pull it off the tack strips, cut it into strips and haul it out.

Also, as a long-haul trucker you'll have many hours in which to listen to real estate podcasts. .

My major concern is that this is a long haul strategy and thus the income from equity/rent will take years to accumulate.

Equity goes up and down, but if you are holding for the long haul and buying cash flowing properties home values are just less relevant.