To make a long story short.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

.🎯 The Buffett Dividend Strategy Coca-Cola remains one of the best examples of Buffett's philosophy in action:1988-1989: $1.3 billion investmentHeld for 30+ yearsGrowing dividend income streamShows the power of buying quality assets and holding for cash flow💳 The American Express StoryBuffett began buying AMEX in 1964 during the "Salad Oil Scandal" crisisMade a larger investment in 1991Berkshire now owns about 20% of American ExpressThe investment has generated billions in dividend incomePerfectly demonstrates Buffett's principle of buying great companies during temporary troubles (just like smart real estate investors who buy in good areas during market dips!)

✅ No risk, no cash out of pocket✅ You work with, cooperate with, the homeowner instead of negotiating against them✅ No tenants and toilets✅ No maintenance or repairs✅ Short-term deals with sizeable assignment fees✅ Those fees can fund long-term strategies like buy-and-hold or fix-and-flipIf you’re an aspiring investor looking for a low-cash entry point into real estate, Cooperative Assignments are an effective strategy.  

We will probably pivot one or both to be long term rentals.

Since I'm not a pigeon forge local, I also don't have a good feel for the appropriate cost of goods and services either.While I don't necessarily suspect anything nefarious from the management company, I don't now that our financial incentives are always well-aligned. 

Good luck

Hey Jerry, good to see you making moves!

There’s some really good posts in this thread.

Quote from @Michael Smythe: @Don Konipol mostly good stuff!