The idea would be to sell the lots to pay down on the short term mortgage until the house got fixed entirely.

Those 4 tend to be the most popular sites for mid term rental listings.

Is it like long term hold and wait approach ?

Vanilla) 0% Down and 0% interest, 20 year term, Sellers's Asking Price- 8.314 Million-This would be ideal, the monthly Finance payment to Seller would be 23,094.44 and the Rents will cover that and leave another 10k in cashflow.

It's a means of producing income, not long-term wealth. 

You'd need to agree on amount to hold in escrow, and under what very specific terms they are released to which party.

The only way to have leads pouring in is to rank #1-3 and preferably #1 across tons of varied search terms. 

I think PR is an amazing long term investment opportunity but you have to be patient.

And what's the long term vision: Is this 1 house or you plan on building out a portfolio?

Hi everyone thank you for hopping in briefly, I just wanted to depict how I entered the business of short-term/vacation rental.