(And if anyone out there is already doing this on Kerr Lake, it’d be great to hear from you.)Definitely looking to “win on the buy” but the hard part is evaluating the rental income potential of a given house or the lake as a whole.

Eventually I will replace the windows and do other things but its a working progress.

Hi Andrew, I disagree with your evaluation on liability here.

I really am new to evaluating commercial properties.

If you want to check out a duplex conversion in progress DM me and we can meet at our current project.

Based on my conversations with the agent, it seems he is either using residential property evaluation to come to a purchase price and doesn't understand how commercial properties are valued or he's basing the sale price off the proforma valuation.We've gone back and forth and the agent doesn't think the seller is going go lower than $475K.

You have to run the numbers and evaluate the time factor as well.

I’m glad you were able to evaluate ‘most’ of the landlord associations.

@Joseph Bangali conduct a search on youtube for "bigger pockets how to evaluate a deal" and you'll find videos of @Brandon Turner and other credible investors walking you step by step on how to get it done. brandon conducts webinars all the time showing you how to do this live on wednesdays. 

I'd like to start this as a service by hand first, and progress to a web based booking and payment model if the business does well and shows room for growth.