Probably smart to take a break a couple of years of this market, I think you are coming back at exactly the right time - on the cusp of the next boom market

Our local organizations do a lot - we have representatives meeting with council members, a professional PR firm to help change the narrative on STR's here on the islands, and we're working towards increasing our own lobbying power.

Otherwise, shorten their term and get them paid out  in 12-24 months to "reduce" their risk.it sounds like you are trying to make an offer with this scenario. 

Hello @Audrey Scott,You did not specify this in your post, but I'll assume that you want to buy an investment property.

You’ve joined a community rich with knowledge, resources, and people eager to help each other succeed in real estate.

I later found out the the previous owner had my husband’s first name, so I guess that wasn’t helping 😕.

Then I could step in if sh*t hits the fan, but otherwise would be hands off.Does anyone know what an offshore virtual assistant would cost for this per month?

We hired a management company, to help us with this, since we have no experience and we live in another state.

I have one major question for this.

How can I justify this purchase if the rents are this low?"