That is true Gregory!

**This is not legal advice, but is what was promoted to fund a guru company class**This is true.

This seems too good to be true.My questions:1) Is it true that these "small cabin getaways" can charge $100 a night?

Thank you Matt hope that is true :) and thank you Chris for the insights!

Do you say that owner use is valued per the property's rate sheet for true-up during profit splitting?

Otherwise the general posting looks "too good to be true" and we all know what that means.

I'm guessing you are the buyer, but I don't see how even if true this would affect you. 

I generally place my value on being a true on the ground resource, for my clients not only to go to areas or properties, but that I live every day in one of the most investor focused areas, and continue to work to stay in front of the market both on sales and on rents.  

It’s true that you can have a 10 percent down and have it classify as investment property for tax purposes as long as you can meet the irs definition of investment property while also meeting your lenders occupancy requirement. 

I would love to be all in on one for 20-25k cash and bring in 1000/mo as a buy and hold, but that seems way too good to be true.