I've been at this since 1988 and have seen them go wonderfully well and horribly wrong.

I'm just new to this world and wonder what someone with some experience would do.

This deal was referred to me by a good friend, which means having a great network of like minded people is extremely important.

But based on that area and depending on the size of your cabin, you may not be as far off on your price as people here think - even with your lower revenue numbers (assuming you didn't accidentally give us net instead of gross revenue). 

Now were all standing on a field with cricket bat's and starring at some wickets wondering what the hell is a wicket.....

Shea, great question—because real estate investing isn’t what most people think it is.

Real estate is still a people business.

Very, very few people keep the same loan for 30 years. 

Sometimes you need to follow up with a decision maker for years before they are ready to sell.Are you okay cold calling people?

I work in 2 very different areas, one being a metropolitan area consisting of 215K people, and a vacation region called the Pocono Mountains which is very seasonal, however it consists of some amazing STR opportunities.