The weekly rentals were $8,000 (June) & $8,500 (July-August) As the summer season rental is approaching us, we are faced with a tough decision.

Here is my experience, and my regrets: https://www.biggerpockets.com/forums/922/topics/1133476-hous...At this stage, Zillow and a mortgage calculator are your friends.

The purchase decision might make itself clearer once you are here, have boots on the ground and are not pressured to make a decision from long distance.

Making such a hasty decision on two weeks worth of knowing these people as your customers seems like a rash decision to me, but I don't know exactly what's going on, and sometimes personalities just do not mix well together.

This decision turned out to be a tough learning experience due to the location and condition of the property.

It's when you get a more significant portfolio of homes that you start to see these larger deductibles.Wind/Hail is a completely different topic. 

I would look at the value of the rentals before you make a decision to see if that makes sense for you.Regarding the furnishings, if you have to pay more for them (again here in FL, properties are generally listed fully furnished and you don't really get a discount to tell people to take the crap out - in fact, I had one guy refuse a good offer because one of my conditions was for them to take their crap!  

Your client made a reckless decision.

I had an interesting topic my business partners and I have been discussing for quite some time and I would like the advice of you all.

Industry experts suggest the current uncertainty creates ideal investment conditions for those willing to enter the market.As we step into 2025, we wish our valued readers prosperity in their investments, clarity in their decisions, and success in seizing the opportunities ahead.